Mortgages for People New to Canada aim to assist newcomers in understanding the Canadian real estate market and associated costs, such as closing costs and adjustment costs. By choosing to build equity instead of paying rent, newcomers can benefit from employment and credit sources. The program strives to find the best rates and mortgage options for newcomers seeking higher loan amounts, with a minimum of 20% down payment saved and more flexibility on down payment options starting at just 5% down. In addition, homebuyer incentive programs and down payment assistance options will be explained. The program has access to all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financers. This ensures that a custom-tailored product can be designed to meet individual mortgage needs and secure the best possible interest rate, even for those who may not qualify at their regular bank due to limited credit and employment history. Finally, by offering innovative tools, the program aims to provide an efficient first-time home buying experience in Canada.