Newcomers to Canada can benefit from mortgages tailored specifically for them, helping them understand the real estate market and related costs. By building equity instead of renting, newcomers can take advantage of employment and credit resources. With options for loan amounts over $1 million and flexible down payment requirements ranging from 5% to 20%, newcomers can find the best rates and mortgage options available. Guidance on homebuyer incentive programs and down payment assistance is also provided. With access to a variety of lenders, including major banks and alternative financiers, custom-tailored mortgage products can be designed to fit individual needs and secure the best rate possible, even for those with limited credit or employment history. Innovative tools are available to streamline the first-time home buying process in Canada.