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Buying a House on a Single Income
Posted by Infinity Admin on
Through the 21st century, the number of Canadians buying a home on a single income is steadily growing as more remain unmarried. Since single mortgage applicants rely on only one salary and one credit profile, it can be trickier to obtain a mortgage. However, there are many instances in which buying a house on a single income is the best thing to do, and it is possible to get a mortgage if you plan ahead and ensure that you are in a good financial position.
When Buying a House on a Single Income Makes Sense
There is no “right” time to buy a house, and it can be even more nerve-wracking to purchase a home on a single income. However, there are times when buying a place on a single income does make sense.
If you are…
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