At Mortgages for People New to Canada, we aim to assist newcomers in understanding the Canadian real estate market and the costs associated with it, such as closing and adjustment costs. We encourage newcomers to build equity rather than pay rent by taking advantage of their employment and credit sources. We also help newcomers find the best mortgage rates and options, especially for loan amounts over $1 million with a minimum down payment of 20%, and even offer flexibility with down payment options as low as 5%. Additionally, we provide information on homebuyer incentive programs and down payment assistance options. With access to Canada's top lenders, including banks, mortgage finance companies, credit unions, and alternative financers, we can customize a mortgage product that fits your needs and secures the best rate, even if you face challenges like limited credit or employment history. Finally, we offer innovative tools to facilitate a smooth first-time home buying experience in Canada.