At Mortgages for People New to Canada, we specialize in assisting newcomers in understanding the Canadian real estate market and the associated costs involved, such as closing costs and adjustment costs. We believe in helping individuals build equity instead of paying rent, allowing them to benefit from employment and credit sources. Additionally, we offer the best rates and mortgage options for newcomers seeking higher loan amounts (over $1 million) with a minimum 20% down payment saved, and we also provide flexibility on down payment requirements, allowing for as little as 5% down. We are dedicated to explaining homebuyer incentive programs and down payment assistance options to our clients. Furthermore, as a mortgage brokerage, 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 meets your specific mortgage needs and ensures that you secure the best rate, even if you don't qualify at your current bank due to limited credit or employment history. Lastly, we offer innovative tools and resources to guide you through an efficient and successful first-time home buying experience in Canada.