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How to Get a Mortgage as a Single Parent

How to Get a Mortgage as a Single Parent

Single parent homes make up nearly 21% of the total number of census families in Penticton BC. But while you share that distinction with almost 2000 other households in the city you certainly feel alone from time to time. You have a world of responsibilities on your shoulders, juggling financial concerns the size of bowling balls. That said, you won’t let anything get in the way of providing for your kids, including home ownership. With mortgage rates at all-time lows and the buyers market heating up like a hot August afternoon you want to capitalize on an unmatched opportunity. However, you’re wondering if lenders will look at you differently than dual-parent households that are also entering the market. Don’t worry, because homeownership is much closer than you think. Below is what you need to know.

Four Tips to Getting a Mortgage as a Single Parent Doing it All On Your Own

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Young Couple Mortgage Advice

Young Couple Mortgage Advice

Young Couple Mortgage Advice Penticton

Penticton may be best known as a vibrant retirement resort community but it’s also a big draw for young couples with career, business, and familial aspirations on the mind (not necessarily in that order). In fact, recent data shows that the male-female age group between 20-39 makes up nearly 20% of Peach City’s population. That number is expected to grow significantly in the immediate future as over the last year Penticton (in addition to Summerland, Peachland, etc.) has seen a rental boom from younger people migrating from the B.C. Lower Mainland. This rental boom is paving the way for an equal or greater rise in first home purchases, as young couples look to capitalize on dramatically lower home values when compared to major urban centers in the province. But of course, the prospect of a large investment for young couples can feel fairly daunting. Fret not, because with some proper guidance you could be making the smartest decision of your lives. Let’s review.

4 Helpful Tips for Young Couples Considering a First Time Mortgage in the BC Southern Interior

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