Canada Mortgage Hub Discussion Board

Canada Mortgage Hub Discussion Board



SearchSearch   Members      Login
Today: 20.01.2018 - 03:25:26
   Canada Mortgage Hub Discussion Board -> Mortgage Rates Canada -> What credit score do you need to get approved for a mortgage?
Autor Post

pacificinc

User




Statistic:
Total topics: 4
Total posts: 19
Reputation: 603 ±
Penalties: 0
What credit score do you need to get approved for a mortgage?
--------------------------------------------------
--------------------------------------------------
Canadian mortgage lender
Post # 1.

opolobearo

User




Statistic:
Total topics: 11
Total posts: 46
Reputation: 625 ±
Penalties: 0
To be considered "prime" you need to have at least 680. Below that score, you are considered subprime right now.If you're higher than 720, you may qualify for the lowest rates.
--------------------------------------------------
Post # 2.

nilandfam

User




Statistic:
Total topics: 13
Total posts: 12
Reputation: 380 ±
Penalties: 0
well to get it at like 5.5 you need to have like 700. But as long as you make 50 plus k, and have some collatoral, you can get a 300 k loan no problem, but not at a very good rate. And of course it affects it.
--------------------------------------------------
Canadian mortgage
Post # 3.

p_miika

User




Statistic:
Total topics: 4
Total posts: 28
Reputation: 388 ±
Penalties: 0
found some info on the site below....a good candidate is someone with a good credit score, steady employment history...and yes credit rating does affect ur interest..the better ur rating the lower ur interest rate will be
Post # 4.
1  


Powered by © 1.8 eXclusive