Mortgages for People New to Canada are designed to assist newcomers in understanding Canadian real estate and associated costs, such as closing costs and adjustment costs. These mortgages aim to help individuals build equity instead of paying rent, allowing them to benefit from employment and credit sources. For newcomers seeking higher loan amounts of over $1 million, there are options available with a minimum down payment of 20% or even as little as 5% down with more flexibility. Additionally, homebuyer incentive programs and down payment assistance options will be explained. With access to all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers, a custom-tailored mortgage product can be designed to meet specific needs and secure the best rate. Innovative tools are also provided to ensure an efficient first-time home buying experience in Canada.