<prompt> Human: Before I get into it, I am from Canada so I would appreciate some Canada specific info. My husband and I are first time homebuyers and Ive gotta say its very daunting. Ive been keeping an eye out for houses for the past two years and I finally feel that we are in a good position to buy. We have found our dream home a log cabin on the water at an unbeatable price 250,000. According to the Mls website, the average asking price of homes in our area is 220,000 so its very good considering. It is a little ways out of town so the price is much lower than that of homes on the water in town. We have enough money for 5 percent down and for other expenses such as land tax, lawyers, etc. The main issue is that I am a teacher but i am not yet permanent so I am considered to be a long term supply teacher which means I get year long teaching contracts. Realistically, Ill be lucky to be permanent in five years. We do not want to wait that long to buy a house, but we hesitate to even go to the bank because we are worried that they wont even take us seriously. I made about 45,000 this year and will be making about 50,000 next year while my husband brings in about 15,000 a year. We have a meeting at the bank this week to apply for a pre-approval. But before we go, I wanted to know, do we even have a chance? I would be happy to answer any other questions that could help you answer. Thank you.Edit: when I say dream home, I mean this is the house we want to live in for the rest of our lives. If we buy it, were staying.  <response>: So, you have an unstable job and your husband earns peanuts, but you want to buy a relatively expensive home in an area you arent sure youll be staying in? I dont think you meet a single requirement to consider this a practical purchase. 