House prices are at their lowest but couples without children who cannot afford single housing units can get condos for their meager earnings if they choose to. Single housing units are quite steeply priced and even with today’s rock-bottom prices, still out of reach of most. Purchasing condos would have you and your spouse taking out a mortgage (which most of us have to do) as you would with single housing units from lenders (usually banks and other lending institutions). Your ability to get your mortgage depends greatly on your credit history and sometimes with your relation to the financial institution you are taking the mortgage out from. If you have good credit ratings, which simply means you get to pay most if not all of your bills on time, then the mortgage is yours. Be frank with the lending institution so you get down and honest with them. If they discover anything wrong with your credit history that you just happened to leave out of your documentation, you’re in deep trouble.