Mortgages for People New to Canada can be a challenging process, especially for those who are unfamiliar with Canadian real estate and all the associated costs. However, we are here to assist newcomers in understanding these costs, including the closing costs and adjustment costs that come with purchasing a property in Canada. By having a clear understanding of these expenses, newcomers can make informed decisions about their financial situation.

One of the key benefits of obtaining a mortgage in Canada is the opportunity to build equity rather than paying rent. By becoming a homeowner, newcomers can benefit from employment and credit sources, potentially increasing their financial stability over time.

For those looking for higher loan amounts, we can help newcomers find the best rates and mortgage options. With at least a 20% down payment saved, newcomers can access loan amounts over $1 million. We also provide more flexibility on down payment options, allowing for as little as 5% down. Additionally, we will explain homebuyer incentive programs and down payment assistance options that may be available to newcomers.

Regardless of your credit and employment history, we have access to all of Canada's top lenders. This includes large banks, mortgage finance companies, credit unions, and alternative financers. Even if you don't qualify at your bank for any reason, such as limited credit or employment history, we can design a custom-tailored mortgage product that fits your needs and locks in at the best rate.

To ensure an efficient first-time home buying experience, we offer access to innovative tools in Canada. These tools can streamline the process and provide newcomers with the necessary information to make informed decisions.

Overall, our goal is to provide newcomers to Canada with the support and resources they need to navigate the mortgage process. Through our expertise and access to various lenders and programs, we strive to make the transition to homeownership as smooth and successful as possible.