Mortgages for People New to Canada aim to help newcomers understand the Canadian real estate market and the costs involved, such as closing costs and adjustment costs. They encourage new residents to build equity instead of paying rent and take advantage of employment and credit sources. For those looking for higher loan amounts, with at least a 20% down payment saved, there are options available, as well as more flexibility on down payment with as little as 5% down. The company also offers information on homebuyer incentive programs and down payment assistance options. They have access to various lenders and can design a custom-tailored mortgage product that locks in at the best rate, even for individuals who may have limited credit and employment history. Additionally, they provide innovative tools to ensure an efficient first-time home buying experience in Canada.