For individuals who are new to Canada, there is assistance available to help them navigate the Canadian real estate market. This includes understanding the costs associated with purchasing a home, such as closing costs and adjustment costs. Instead of renting, newcomers have the opportunity to build equity by becoming homeowners and take advantage of employment and credit sources. There are mortgage options available for those looking for higher loan amounts, with at least a 20% down payment saved. Alternatively, there is more flexibility on down payment requirements, with options for as little as 5% down. Additionally, homebuyer incentive programs and down payment assistance options will be explained. Regardless of limited credit and employment history, individuals will have access to all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financers. This will allow for a custom-tailored mortgage product that suits their needs and ensures the best interest rates. Innovative tools are also available to provide an efficient first-time home buying experience.