At Mortgages for People New to Canada, we understand that navigating the Canadian real estate market can be overwhelming for newcomers. That's why we are here to assist you in understanding the various aspects of Canadian real estate, including the associated costs such as closing costs and adjustment costs. By providing you with this knowledge, we aim to ensure that you make informed decisions throughout the home buying process.

One of the key advantages of owning a home in Canada is the opportunity to build equity instead of paying rent. This allows newcomers to benefit from their employment and credit sources, ultimately establishing a solid financial foundation in their new country. We are dedicated to helping you find the best rates and mortgage options available, especially if you are looking for higher loan amounts of over $1 million. With at least 20% down payment saved, you can enjoy more flexibility on down payment, potentially even as little as 5%.

Additionally, we are well-versed in homebuyer incentive programs and down payment assistance options that may be available to you. Our expertise in these programs allows us to guide you towards the best options that suit your needs and financial capabilities.

As an intermediary between you and the lenders, we have access to all of Canada's top financial institutions, including large banks, mortgage finance companies, credit unions, and alternative lenders. This allows us to design a custom-tailored mortgage product that fits your specific needs. Even if you face obstacles such as limited credit or employment history that may disqualify you at your bank, we can still help you secure the best mortgage rate.

Lastly, we offer innovative tools that will streamline your first-time home buying experience. These tools are designed to provide efficiency and convenience, ensuring a smooth transition into homeownership.

With Mortgages for People New to Canada, you can feel confident and supported throughout the process of buying your first home. We are dedicated to providing you with the knowledge, options, and resources you need to make the best decisions for your future in Canada.