Posts tagged credit score
Due to our debt, Canada makes another change to our Mortgage Guidelines….Effective April 19th 2010
Feb 17th
Our ” Drowning in Debt ” habits have left our Government with no choice but to make some changes…
Some of us have already forgotten the changes that were made back in October 15th 2008. …. Lets recap
- - CMHC will no longer offer a 40 year amortization, 35 year will be More >
Is it getting more difficult to get a mortgage ?
Oct 29th
Don’t expect rubber stamped approvals anymore….. Whether you are planning to move from an existing home or are stepping into the property market for the first time, and unless you have a substantial supply of cash, you will likely require a mortgage. Interest rates may be at historic lows but with More >
What can I do to maintain a high credit score?
Sep 12th
This is a GREAT question, your credit score can also be referred to as your Beacon Score or a Fico Score
Your “Credit Score” is not just based on the usual approach of making the payments on time. In fact, many of us know how we lose points with late payments, surpassing More >
How important is Credit Score when qualifying for a mortgage?
Sep 12th
~Credit Score also known as Beacon Score is definitely one of the key components when qualifying for a mortgage. It can help determine how much the down payment needs to be. It can also determine what sort of product can be applied. Most of all, it can be used as More >
