Mortgages for People New to Canada aim to assist newcomers in understanding the Canadian real estate market and its associated costs, such as closing costs and adjustment costs. By choosing to build equity instead of paying rent, newcomers can benefit from employment and credit sources. This program helps newcomers find the best rates and mortgage options, especially for those looking for higher loan amounts (over $1 million) with at least 20% down payment saved. There is also more flexibility on down payment options, with as little as 5% down. Additionally, this program explains homebuyer incentive programs and available down payment assistance options. Regardless of limited credit and employment history, this program provides access to all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers, allowing for a custom-tailored mortgage product that fits the individual's needs. Lastly, this program offers access to innovative tools in Canada to ensure an efficient first-time home buying experience.