Mortgages for people new to Canada offer assistance in understanding the Canadian real estate market, including associated costs such as closing costs and adjustment costs. These mortgages allow newcomers to build equity rather than pay rent by utilizing their employment and credit sources. They also provide options for higher loan amounts, with at least a 20% down payment saved, and offer flexibility on down payment requirements, with as little as 5% down. Homebuyer incentive programs and down payment assistance options are explained to help newcomers navigate the process. Access to Canada's top lenders, including banks, mortgage finance companies, credit unions, and alternative financers, ensures a custom-tailored mortgage product at the best rate, even for those with limited credit and employment history. Innovative tools are available to ensure an efficient first-time home buying experience.