British Columbia’s mortgage landscape really is unique, and I see the impact of this every day working with clients across both BC and Alberta. In BC’s high-cost markets, we’re seeing more first-time buyers turn to joint mortgages—bringing in parents or family as co-borrowers to make homeownership possible. This shift is changing how lenders assess applications, with more weight now on co-borrowing and even multi-generational living arrangements. It’s also why early engagement and a tailored approach to credit data are becoming essential for lenders here. With mortgage renewal coming up for many, payment increases could affect everything from borrower mobility to lender switching. As someone who specializes in all types of mortgages and works with a wide range of lenders, I’m seeing firsthand how BC-specific strategies and a customer-focused approach are more important than ever to navigate these changes.
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