Mortgages for Newcomers to Canada aim to assist individuals in understanding the Canadian real estate market and associated costs, such as closing and adjustment costs. By opting for a mortgage, newcomers have the opportunity to build equity rather than pay rent, enabling them to benefit from employment and credit sources. Additionally, newcomers looking for higher loan amounts (over $1 million) can find the best rates and mortgage options with a minimum down payment of 20%, and even have the flexibility to make a down payment as low as 5%. The program also offers explanations of homebuyer incentive programs and down payment assistance options. With access to Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financers, custom-tailored mortgage products can be designed to fit individual needs and lock in the best rates, regardless of limited credit or employment history. Finally, the program provides innovative tools to ensure a streamlined and efficient first-time home buying experience in Canada.