Mortgages for people new to Canada can be a complex process, especially when it comes to understanding the Canadian real estate market and the associated costs. However, we are here to assist newcomers in navigating through these challenges. Our goal is to provide you with the necessary information to comprehend the closing costs and adjustment costs that are involved in purchasing a property in Canada.

One of the main advantages of obtaining a mortgage instead of renting a property is the opportunity to build equity. By purchasing a home, newcomers can benefit from their employment and credit sources and gradually establish a financial asset rather than simply paying rent. We understand the importance of this aspect and will guide you through the process of finding the best rates and mortgage options available.

For those newcomers looking for higher loan amounts, such as over $1 million, we can help you secure a mortgage with at least a 20% down payment saved. Additionally, we offer more flexibility on the down payment, allowing you to put down as little as 5% if needed. We also take the time to explain the various homebuyer incentive programs and down payment assistance options that are available to you.

Our extensive network allows us to access all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financers. This gives us the ability to design a custom-tailored mortgage product that suits your specific needs. Even if you do not qualify at your bank due to factors such as limited credit or employment history, we can still secure the best possible rate for you.

Furthermore, we provide access to innovative tools that are designed to streamline the first-time home buying experience. These tools will make the process more efficient and less daunting, ensuring that you have a positive experience when purchasing your first home in Canada.