Mortgages for People New to Canada

We offer assistance and guidance to newcomers in understanding the Canadian real estate market and the associated costs involved. This includes providing information on closing costs and adjustment costs, enabling newcomers to make informed decisions.

One of the advantages of opting for a mortgage rather than renting is the opportunity to build equity. By owning a home, newcomers can benefit from their employment and credit sources and gradually increase their net worth over time.

For those looking to borrow higher loan amounts, over $1 million, we can help find the best rates and mortgage options. With at least a 20% down payment saved, newcomers can enjoy more flexibility in their down payment options, with the possibility of as little as 5% down. We will also explain the various homebuyer incentive programs and down payment assistance options that may be available to assist in this process.

Our network of lenders includes Canada's top financial institutions, such as large banks, mortgage finance companies, credit unions, and alternative lenders. This extensive network allows us to design custom-tailored mortgage products that meet your specific needs and secure the best interest rates. Even if you do not qualify for a mortgage at your current bank due to limited credit or employment history, we can still help you find a suitable mortgage solution.

In addition to our access to diverse lenders, we also provide innovative tools that can enhance your first-time home buying experience. These tools are designed to streamline the process, ensuring efficiency and convenience in navigating through the complexities of purchasing a home.

Overall, our goal is to assist newcomers in obtaining mortgages that align with their financial goals and enable them to make a successful transition to homeownership in Canada. With our expertise and range of resources, we strive to make the home buying process as smooth and rewarding as possible for our clients.