Mortgages for newcomers to Canada are available to help them understand the real estate market in the country and the related costs involved such as closing costs and adjustment costs. These mortgages allow newcomers to build equity instead of paying rent, taking advantage of employment and credit sources. They also offer the best rates and mortgage options for those looking for higher loan amounts over $1 million, with the requirement of at least 20% down payment saved. However, there is also flexibility on down payment, with as little as 5% down. Explaining the available homebuyer incentive programs and down payment assistance options is part of the service. By having access to all of Canada's top lenders, including banks, mortgage finance companies, credit unions, and alternative financers, a custom-tailored mortgage product can be designed that fits the individual's needs, even if they don't qualify at their current bank for reasons such as limited credit and employment history. Innovative tools are also provided to ensure an efficient first-time home buying experience in Canada.