Mortgages for People New to Canada can be a complex topic for newcomers. However, we are here to assist you in understanding Canadian real estate and the associated costs involved. One important aspect we can help you with is gaining knowledge about closing costs and adjustment costs. By providing you with this information, you will have a better understanding of the financial aspects involved in purchasing a property in Canada.

Additionally, we strongly believe that it is more beneficial for you to build equity rather than pay rent. This can be advantageous as it allows you to take advantage of employment and credit sources. By owning a property, you not only have a place to live but also an investment that can appreciate over time.

As mortgage experts, we strive to find the best rates and mortgage options for newcomers who are looking for higher loan amounts. If you have saved at least 20% for a down payment, we can assist you in finding the most suitable mortgage option. However, we also understand that saving a large down payment may be challenging for some newcomers. In such cases, we can explore more flexible options where you may be able to qualify for a mortgage with as little as 5% down.

We are also well-versed in homebuyer incentive programs and down payment assistance options. These programs can provide additional support and financial help to make your home buying journey more affordable and accessible.

Our access to all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financers, allows us to design a custom-tailored mortgage product that suits your specific needs. Even if you face challenges in qualifying at your bank due to limited credit or employment history, we can still lock in the best rate for you.

Lastly, our efficient first-time home buying experience is enhanced by the innovative tools we have at our disposal. These tools are specifically designed to simplify the process and provide you with a seamless and enjoyable home buying experience.

In conclusion, as newcomers to Canada, we understand the importance of having guidance and support when it comes to mortgages and real estate. Our expertise, access to top lenders, and dedication to finding the best options for you ensure that you are well-equipped for your journey into the Canadian real estate market.