There was a person who was self - employed. Banks were very hesitant to give him a mortgage as his income wasn't as stable as a salaried person. He had to provide a lot of extra documentation like tax returns for the past few years, contracts with clients etc. It took months of back - and - forth with the bank. He almost gave up but finally managed to get the mortgage. Buying his first home was a long and arduous process.
A first - time buyer had his heart set on a particular neighborhood. He got pre - approved for a mortgage but when it came time to make an offer, there were multiple competing offers. He had to increase his offer price much higher than he initially planned, which put a strain on his finances. He was worried about being able to afford the monthly payments but didn't want to miss out on the home.