Mortgages for individuals new to Canada are available to assist them in understanding the real estate market and associated costs. This includes providing information on closing costs and adjustment costs. By opting for a mortgage, newcomers can build equity instead of paying rent, taking advantage of employment and credit sources. We can help these individuals find the best rates and mortgage options, especially for higher loan amounts (over $1 million) with a minimum of 20% down payment saved. Additionally, we offer more flexibility on down payment options, allowing for as little as 5% down. We will also explain homebuyer incentive programs and down payment assistance possibilities. With access to various lenders in Canada, including banks, mortgage finance companies, credit unions, and alternative financers, we can create a customized solution tailored to the individual's mortgage needs. This will ensure the best rate is obtained, even if the individual does not qualify at their bank due to limited credit and employment history. Additionally, innovative tools are available to provide an efficient first-time home buying experience in Canada.