For individuals who are new to Canada, navigating the real estate market and understanding associated costs can be a daunting task. At Mortgage for People New to Canada, we aim to assist newcomers in this process by providing guidance on Canadian real estate practices, as well as explaining closing costs and adjustment costs that come with purchasing a home. By helping newcomers build equity rather than pay rent, they can benefit from stable employment and establish a positive credit history.

We specialize in finding the best mortgage rates and options for newcomers who are looking to purchase properties with higher loan amounts, such as those over $1 million. With at least a 20% down payment saved up, newcomers can qualify for more flexibility on down payment requirements, with the option to put down as little as 5%. We also provide information on homebuyer incentive programs and down payment assistance options to help newcomers make informed decisions when purchasing their first home.

Our team has access to a wide range of lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers. This allows us to design custom-tailored mortgage products that meet the specific needs of newcomers to Canada. Even if individuals do not qualify for a mortgage through their bank due to factors such as limited credit history or employment status, we can secure the best rate for them through our network of lenders.

At Mortgage for People New to Canada, we leverage innovative tools and technology to provide newcomers with an efficient first-time home buying experience. By offering guidance and support throughout the entire process, we help newcomers navigate the Canadian real estate market with confidence and ease.