Credit History

Credit History

New Immigrants – Buying your first home.

GETTING PRE-APPROVED BEFORE SHOPPING It’s a good idea to sit down with your mortgage broker/ specialist to discuss your needs and get mortgage pre-approval.  Pre-approval means that your lender commits to giving you a mortgage up to a specified amount, at certain terms and conditions, including the interest rate. This commitment will be valid for a [...]

By |2017-01-04T01:02:18+00:00February 10th, 2014|Uncategorized|0 Comments

My better-than-expected credit score

I decided to get copies of my credit reports and my credit scores because my husband and I will soon be applying for a much bigger mortgage.  I’m glad that I did. It was easy, and the reports from TransUnion and Equifax Canada were very positive – despite my massive line of credit debt.  Your [...]

By |2017-01-04T01:02:29+00:00March 3rd, 2012|Credit Bureau|0 Comments