Newcomers to Canada can benefit from mortgages tailored to their unique needs, helping them navigate the real estate market and understand associated costs. By building equity instead of paying rent, newcomers can take advantage of employment and credit sources to secure the best rates and mortgage options, especially for loan amounts over $1 million with a minimum 20% down payment saved or as little as 5% down. Assistance is available to explain homebuyer incentive programs and down payment options, with access to a range of lenders to find a custom-tailored product that fits individual mortgage needs and locks in the best rate, even for those with limited credit or employment history. Innovative tools are also accessible to streamline the first-time home buying experience in Canada.