Mortgages are available for newcomers to Canada who are looking to understand real estate and associated costs. By building equity instead of renting, newcomers can benefit from employment and credit sources. There are options for higher loan amounts with a down payment of at least 20%, as well as flexibility for those with as little as 5% down. Homebuyer incentive programs and down payment assistance options will be explained. Access to top lenders, including banks, mortgage finance companies, credit unions, and alternative financers, allows for a custom-tailored mortgage product at the best rate, even if the applicant does not qualify at their bank due to limited credit or employment history. Additionally, innovative tools are available to make the first-time home buying experience efficient.