Blog: Credit Score

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A Good Credit Score for Best Mortgage Rate

For most Canadians, buying a house is one of the most important investments made in a lifetime. Buying a house essentially requires two things – having a down payment and getting a good mortgage which ultimately requires a good credit score. A good mortgage means getting the lowest interest...
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How To Calculate Mortgage Affordability?

When buying a new home, you have to assess how much you can afford. The monthly mortgage payment will depend on a number of factors, such as family income and total expenses. This includes car loans/lease, credit card payments and other expenses...

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First Mortgage
First time mortgage doesn’t mean only the first home home that you buy. It can also mean the primary lien on the property you are planning to buy. It’s not about the level of home buying but the property itself. The term mortgage is a security for the lender.