At Mortgages for People New to Canada, we aim to provide assistance and guidance to newcomers who are looking to understand the Canadian real estate market and the costs associated with it. We understand that navigating a new country's real estate system can be overwhelming, and we are here to help you every step of the way. Whether it's understanding the closing costs or the adjustment costs, we will ensure that you have a clear understanding of all the financial aspects involved.

One of the key benefits of homeownership is the opportunity to build equity rather than paying rent. By owning a home, you can take advantage of employment and credit sources, which can be beneficial in the long run. Our team will help you explore the various mortgage options and find the best rates, especially if you are looking for higher loan amounts (over $1 million) with a minimum of 20% down payment saved. We also offer flexibility on the down payment, allowing you to put as little as 5% down.

Additionally, we will guide you through the various homebuyer incentive programs and down payment assistance options that may be available to you. We understand that every situation is unique, and we will work with you to tailor a mortgage product that suits your specific needs. With access to all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financers, we have the ability to secure the best rate for you, even if you face challenges such as limited credit or employment history that may prevent you from qualifying at your bank.

Finally, we provide access to innovative tools in Canada to ensure an efficient and seamless first-time home buying experience. We understand that your time is valuable, and we strive to provide you with the necessary resources and support to make informed decisions and navigate the process smoothly.

At Mortgages for People New to Canada, we are committed to helping newcomers achieve their dream of homeownership. Let us support you in your journey to find a place to call your own in this beautiful country.