Mortgages for People New to Canada

When it comes to understanding the Canadian real estate market and all associated costs, such as closing costs and adjustment costs, newcomers may require assistance. We are here to provide guidance and support, ensuring that new residents have a comprehensive understanding of the process.

One significant advantage of obtaining a mortgage instead of renting is the ability to build equity. By investing in a property, newcomers can benefit from employment and credit sources while simultaneously owning a valuable asset. This is a wise financial decision that can provide long-term benefits.

For those seeking higher loan amounts, exceeding $1 million, we can assist in finding the best rates and mortgage options. It is essential to have at least a 20% down payment saved to facilitate this process. However, we also understand that flexibility is crucial, which is why we offer options for a down payment as low as 5%. We will thoroughly explain homebuyer incentive programs and down payment assistance options that may be available to newcomers.

With access to all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financers, we can design a custom-tailored product that suits your specific mortgage needs. It doesn't matter if you have limited credit or employment history that may disqualify you from obtaining a mortgage at a traditional bank. We are here to find the best rate and offer flexible solutions.

To ensure an efficient and seamless first-time home buying experience, we provide access to innovative tools available in Canada. These tools can assist in navigating the process and make it more convenient for newcomers. Our goal is to support and guide you every step of the way, making your transition into Canadian real estate as smooth as possible.