At Mortgages for People New to Canada, we are dedicated to assisting newcomers in understanding the Canadian real estate market and the associated costs involved. We strive to provide comprehensive information on closing costs and adjustment costs, ensuring that our clients are well-informed throughout the home buying process. By educating newcomers on these topics, we aim to help them make informed decisions when it comes to purchasing a property in Canada.

One of the main advantages of owning a home in Canada is the ability to build equity, rather than paying rent. This allows newcomers to benefit from employment and credit sources, ultimately securing their financial future. We understand the importance of this, and we work closely with our clients to help them achieve their goal of homeownership.

For those looking for higher loan amounts, such as over $1 million, we offer mortgage options that require at least a 20% down payment. However, we also provide flexibility on the down payment, allowing for as little as 5% down. Our team will guide you through the process of understanding these options, including homebuyer incentive programs and down payment assistance options, so that you can make the best decision for your specific needs.

What sets us apart is our access to all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financers. This extensive network allows us to design a customized mortgage solution that fits your unique needs. Even if you have limited credit or employment history and do not qualify at your bank, we will work tirelessly to secure the best rate possible.

We also provide access to innovative tools that can streamline the first-time home buying experience. These tools are designed to make the process more efficient, helping newcomers navigate the complexities of purchasing property in Canada with ease.

At Mortgages for People New to Canada, we are here to support you every step of the way. Our team is dedicated to providing exceptional service and ensuring that your home buying experience is as smooth and stress-free as possible. We understand the challenges newcomers face when entering the Canadian real estate market, and we are committed to helping you overcome them. Contact us today to get started on your journey to homeownership.