Mortgages for People New to Canada

For individuals new to Canada, the process of understanding Canadian real estate and its associated costs can be daunting. However, we are here to assist newcomers in navigating this complex landscape. We aim to provide a comprehensive understanding of both the closing costs and adjustment costs involved in purchasing a property.

One of the major advantages of opting for a mortgage rather than renting is the opportunity to build equity. By investing in a property, newcomers can take advantage of their employment and credit sources to secure a mortgage. This way, they can channel their monthly payments towards building equity rather than paying rent.

Our goal is to help newcomers find the best rates and mortgage options that suit their unique circumstances. For those looking for higher loan amounts, we can assist with accessing mortgages for amounts over $1 million. With a minimum of 20% down payment already saved, newcomers can benefit from more flexible down payment options, including as little as 5% down.

With access to all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers, we have the ability to design custom-tailored products that meet the specific mortgage needs of newcomers. Even if individuals do not qualify at their own bank due to limited credit and employment history, we can still help them secure a mortgage at the best rate.

We understand that first-time homebuyers may require additional assistance to make their dream of homeownership a reality. This is why we offer guidance on homebuyer incentive programs and down payment assistance options that can potentially lower the financial burden.

To ensure a smooth and efficient first-time home buying experience, we provide access to innovative tools available in Canada. These tools are designed to simplify and streamline the process, making it easier for newcomers to navigate the real estate market and secure their desired property.

In summary, our services aim to empower newcomers to Canada by providing them with the necessary knowledge, resources, and mortgage options to make informed decisions and achieve their homeownership goals.