Mortgages for People New to Canada aims to assist newcomers in understanding the Canadian real estate market and the associated costs involved in purchasing a home, such as closing costs and adjustment costs. By providing this information, we hope to empower newcomers to make informed decisions and build equity in their new country, rather than paying rent.

We understand that newcomers often face unique challenges when it comes to obtaining a mortgage in Canada. However, we strive to help them find the best rates and mortgage options available. This includes catering to those looking for higher loan amounts, starting from over $1 million, as well as offering flexibility in down payment requirements. For instance, if you have managed to save at least 20% for a down payment, we can provide you with mortgage options that suit your needs. Moreover, we recognize that not everyone may have access to such a significant down payment, hence we also accommodate those with as little as 5% down.

In addition to helping newcomers navigate the mortgage process, we are committed to educating them about homebuyer incentive programs and down payment assistance options. These initiatives can provide financial support and make homeownership a more attainable goal.

Through our extensive network, we have access to all of Canada's top lenders, including large banks, mortgage finance companies, credit unions, and alternative financiers. This allows us to design a custom-tailored mortgage product that meets your specific needs, even if you do not qualify for a mortgage at your regular bank due to limited credit or employment history.

Furthermore, we offer access to innovative tools available in Canada to ensure an efficient first-time homebuying experience. These tools can help streamline the process and provide you with the necessary resources to make informed decisions.

At Mortgages for People New to Canada, we are dedicated to supporting newcomers on their journey to homeownership. Our goal is to make the mortgage process as seamless as possible, while providing you with the best rates and options for your situation.