Mortgages for Newcomers to Canada are designed to assist individuals in understanding the Canadian real estate market and the associated costs, such as closing costs and adjustment costs. By opting for a mortgage, newcomers have the opportunity to build equity instead of paying rent, while benefiting from employment and credit sources. These mortgages aim to find the best rates and options for those seeking higher loan amounts (over $1 million) with a minimum down payment of 20%, although there is also flexibility with as little as a 5% down payment. Additionally, homebuyer incentive programs and down payment assistance options will be explained. With 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 to meet specific needs and secure the best rate, even if the individual does not qualify at their bank due to limited credit and employment history. Innovative tools are also available to ensure an efficient first-time home buying experience.