Your first home (and mortgage)...
If you are a first time buyer you have many options available to you that you should be aware of. The first is the federal government has created a "RRSP Home Buyer's Plan" so that you can withdraw up to $20,000 per spouse of your RRSP contributions (made 90 days before your RRSP withdrawal) without tax liability, to use towards your down payment. All you have to do is repay the RRSP over the course of the following 15 years.
Some lending institutions also offer other perks to first time buyers like free security systems or reduced banking fees for the following year. It is definitely worth your while to ask what is available to first time buyers. After all, you only get to be a first time buyer once!