Mortgage services are available for newcomers to Canada, aiming to provide assistance in understanding the real estate market and associated costs. This includes information on closing costs and adjustment costs. By opting for a mortgage, newcomers can build equity instead of paying rent, benefiting from employment and credit sources. These services also help in finding the best rates and mortgage options for those looking for higher loan amounts, such as over $1 million, with a down payment of at least 20% saved. Moreover, there is flexibility with the down payment, requiring as little as 5% down. Additionally, homebuyer incentive programs and down payment assistance options will be explained. Accessing Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers, ensures a custom-tailored mortgage product that fits individual needs. Even individuals with limited credit and employment history can benefit from these services and secure the best rates. Innovative tools in Canada are also available to provide an efficient first-time home buying experience.