At Mortgages for People New to Canada, we strive to assist newcomers in understanding the Canadian real estate market and the associated costs involved, such as closing costs and adjustment costs. Our goal is to help individuals build equity instead of paying rent, allowing them to benefit from employment and credit sources. We specialize in finding the best rates and mortgage options for newcomers seeking higher loan amounts (over $1 million) with a minimum of 20% down payment saved. Additionally, we offer flexibility on the down payment, allowing for as little as 5% down. We are also knowledgeable about homebuyer incentive programs and down payment assistance options. With access to Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financers, we can design a customized mortgage product that suits your specific needs, even if you face challenges such as limited credit and employment history. Our innovative tools further enhance the efficiency of your first-time home buying experience in Canada.