Newcomers to Canada can benefit from assistance in understanding the real estate market and related costs such as closing costs and adjustment costs, while also building equity instead of paying rent by accessing employment and credit sources. With the option to secure mortgages for amounts over $1 million with at least a 20% down payment or as little as 5% down with more flexibility, newcomers can find the best rates and mortgage options. Additionally, homebuyer incentive programs and down payment assistance options will be explained to help newcomers navigate the process. By working with a variety of lenders including banks, mortgage finance companies, credit unions, and alternative financers, a custom-tailored mortgage product can be designed to meet individual needs and secure the best rate, even for those with limited credit or employment history, utilizing innovative tools for an efficient first-time home buying experience.