The Impact Your Credit Rating Has on Your Mortgage
Posted by Terry Paranych on
Your credit score is considered by lenders to be an important indicator of your financial health. A high credit score offers many advantages to those who are on the market for a home. Being aware of the significance of your credit score can help you to prepare to purchase a home so that you do not have trouble getting approved for a mortgage loan once you have found the right property. There are many steps you can take to ensure that your credit score is high when you're looking for financing, and even those with a low score can remedy the situation by putting some effort into credit repair.
What is a Credit Score?
A consumer's credit score is typically a number between 300 at 900. Credit scores in Canada are reported by two different credit…
275 Views, 0 Comments