Newcomers to Canada can benefit from mortgages tailored specifically to their needs, helping them understand the real estate market and associated costs. By building equity instead of renting, newcomers can take advantage of employment and credit sources to find the best rates and mortgage options, even for higher loan amounts over $1 million with flexible down payment options. Homebuyer incentive programs and down payment assistance options will be explained, with access to a variety of lenders and custom-tailored products to fit individual mortgage needs. Innovative tools are also available for an efficient first-time home buying experience in Canada.