Mortgages for People New to Canada can be a complex process, especially for those who are unfamiliar with Canadian real estate and its associated costs. However, we are here to assist newcomers in understanding these costs, including closing costs and adjustment costs. By providing clear explanations and guidance, we aim to ensure that newcomers are well-informed and prepared for the financial obligations that come with purchasing a property in Canada.

One of the key advantages of obtaining a mortgage as a newcomer is the opportunity to build equity rather than paying rent. By investing in a property, newcomers can benefit from employment and credit sources, ultimately working towards owning a valuable asset. We understand the importance of this opportunity and strive to provide the best rates and mortgage options for newcomers who are looking for higher loan amounts. With a minimum down payment of 20% saved, newcomers can enjoy more flexibility on down payment options, potentially being able to put as little as 5% down.

In addition to assisting with mortgage options, we also aim to educate newcomers on homebuyer incentive programs and down payment assistance options. By accessing these programs and resources, newcomers can potentially receive financial support and incentives to aid in their home buying journey.

As mortgage brokers, we have access to all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers. This allows us to design a custom-tailored product that fits our clients' mortgage needs, ensuring that we secure the best rate available. Even if our clients do not qualify at their bank due to limited credit or employment history, we have the resources and expertise to find alternative financing options.

In order to provide an efficient first-time home buying experience, we make use of innovative tools available in Canada. These tools streamline the process and help newcomers navigate the complexities of purchasing a property. With our assistance, newcomers can make informed decisions and confidently embark on their journey towards homeownership.