Mortgages for newcomers to Canada aim to assist them in understanding the Canadian real estate market and associated costs, such as closing costs and adjustment costs. By opting for a mortgage instead of renting, newcomers can build equity while benefiting from employment and credit sources. These mortgages offer various rates and options for higher loan amounts (over $1 million) with a minimum 20% down payment saved, and flexibility on down payment, allowing as little as 5% down. 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 fit specific needs and secure the best rate, even for individuals with limited credit and employment history. Innovative tools are also available to ensure an efficient first-time home buying experience in Canada.