At Mortgages for People New to Canada, we aim to assist newcomers in understanding the Canadian real estate market and its associated costs, including closing costs and adjustment costs. By opting for a mortgage rather than renting, newcomers can build equity while benefiting from various employment and credit sources. We specialize in finding the best rates and mortgage options for those seeking higher loan amounts (over $1 million) with a minimum down payment of 20%. However, we also offer flexibility on down payment requirements, allowing for as little as 5% down. Additionally, we will provide information on homebuyer incentive programs and down payment assistance options. As an independent mortgage broker, we have access to all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers. With this extensive network, we can design a customized mortgage product that fits your needs and secures the best rate, even if you face challenges such as limited credit and employment history. Lastly, we offer access to innovative tools that streamline the first-time home buying experience in Canada.