Pre-approval while on probation in British Columbia.

Underwriting treats probation as employment risk. A clean offer letter alone is rarely enough.

British Columbia adds its own layer. Lower Mainland and Victoria carry premium pricing and tighter lender appetite on leasehold and strata files. Wildfire/flood disclosures now affect insurance binders in the Interior. That matters here because underwriters are already scrutinizing the income side of a pre-approval while on probation file — a property or program complication local to British Columbia can push a marginal file over the edge.

Property Transfer Tax: 1% on first $200K, 2% to $2M, 3% above, 5% above $3M on residential.

Programs to check eligibility for in British Columbia:

• First-Time Home Buyers' Program (PTT exemption up to $500K)
• Newly Built Home Exemption
• FHSA

• Offer letter with explicit probation length and terms
• Letter from HR confirming role is permanent post-probation
• Employment history showing same industry continuity

British Columbia nuance: Self-employed BC borrowers should expect to provide T1 Generals plus business bank statements going back 12 months.

• Strata depreciation reports and contingency reserves are underwriter-grade documents in BC.
• Speculation and Vacancy Tax applies to certain owners — disclose residency status upfront.
• Foreign Buyer ban interacts with BC's additional property transfer tax.

Underwriter view of this scenario: Industry continuity matters as much as the probation clause itself. Same role/same industry borrowers clear more easily than career-changers.

• Provide a clean industry-continuity story in writing
• Identify lenders whose policy permits probationary income in the same industry
• Defer the property search until probation ends if possible

• Career-change probation (different industry, different role).
• Probation extended due to performance concerns.