buying a home in Canada after bankruptcy
I was released from bankruptcy in 2001. Since then I have obtained a secured credit card and maintain monthly payments on time. I also have established an RRSP/GIC for $6800. In an attempt to restablish my credit, I took out a small loan with a co signer and have repaid it.
I have been with my current employer for 6 years. I have paid off my 2000 auto loan.
I want to get my masters and buy a home.
I have approached the banks and they are not interested in lending me money. Is it because I am a female? I am the primary bread winner in my family and I would like to get a better pay scale hence the masters. Also, I am paying more on rent that need be and would like to purchase a mini home with land.
It has been suggested that I get my masters first; however, that is a $15,000 investment. Should I put my RRSP towards my masters and then with a higher salary comtemplate a house.
I am 40.