Mortgages for People New to Canada offers assistance to newcomers in understanding the Canadian real estate market and associated costs, such as closing costs and adjustment costs. They provide guidance on building equity rather than paying rent, taking advantage of employment and credit sources. This service helps newcomers find the best rates and mortgage options, particularly for higher loan amounts over $1 million, with a minimum down payment of 20% or less. They also explain homebuyer incentive programs and down payment assistance options. With access to Canada's top lenders, including banks, mortgage finance companies, and credit unions, they can tailor a mortgage product to fit the specific needs of the borrower, even if they have limited credit or employment history. They also offer innovative tools to facilitate an efficient first-time home buying experience.