Mortgages for individuals who are new to Canada aim to provide assistance in understanding the Canadian real estate market and its associated costs, such as closing costs and adjustment costs. The goal is to help newcomers build equity instead of paying rent by utilizing their employment and credit sources. Additionally, special attention is given to finding the best rates and mortgage options for those seeking larger loan amounts (over $1 million) with a minimum down payment of 20%, while also offering flexibility with a down payment as low as 5%. Information on homebuyer incentive programs and down payment assistance options will be provided. Access to a wide range of lenders, including banks, mortgage finance companies, credit unions, and alternative financiers, ensures the ability to tailor a mortgage product that aligns with individual needs and secures the best possible interest rate, even if traditional banks are unable to provide financing due to limited credit or employment history. Innovative tools in Canada are available to enhance the efficiency of the first-time home buying experience.