Mortgages for People New to Canada are designed to assist newcomers in understanding the Canadian real estate market and associated costs. This includes providing information on closing costs and adjustment costs, helping newcomers make informed decisions in their home buying process.

One key advantage for newcomers is the ability to build equity rather than paying rent. By becoming homeowners, newcomers can benefit from employment and credit sources, which can lead to increased financial stability and opportunities in the long term.

Another benefit is the ability to find the best rates and mortgage options for newcomers looking to borrow higher loan amounts, such as over $1 million. With at least a 20% down payment saved, newcomers can have more flexibility on their down payment, with as little as 5% down. We can provide guidance on various homebuyer incentive programs and down payment assistance options that may be available to newcomers.

Our network includes all of Canada's top lenders, which includes large banks, mortgage finance companies, credit unions, and alternative financers. This allows us to design a custom-tailored mortgage product that fits the specific needs of newcomers, even if they do not qualify at their bank due to reasons such as limited credit and employment history. Our goal is to secure the best possible rate for our clients, regardless of their circumstances.

In addition, we provide access to innovative tools in Canada to ensure an efficient first-time home buying experience. These tools are designed to streamline the process, making it easier and more convenient for newcomers to navigate through the complexities of buying a home in a new country. We are committed to providing exceptional service and support to newcomers, ensuring that their transition into Canadian homeownership is as smooth and successful as possible.