Getting a Mortgage for Million Dollar Home in the Okanagan

Remember when a million dollars in the bank meant you could retire at an early age and live off of the interest? Us neither. Ask your parents. What was once touted as a lottery windfall has now been tempered by inflation. But in theoretical way that’s good news, seeing as you want to get a mortgage for a million dollar home. When you look at it that way, it’s far more attainable than it ever was. At press, the average price of a single family home in the Okanagan is now around $1,000,000 anyways. Still, you want to know what this all means as a new buyer who wants to buy a house in that price range. Let’s review.

What New Buyers Need to Know About Buying an Okanagan Home in the $1,000,000 Price Range