Credit scores in Canada measure a borrowers’ credit risk based on a valuation of their financial history including details on credit cards, loans, mortgages, credit and payment history.

A favorable credit score is an important factor in applying and securing the mortgage of your choice. It also makes it easier for an individual to get credit cards and loans on favorable terms, sometimes even with instant approvals. The higher your score, the lower the interest rate! Just imagine refinancing or renewing your mortgage at our best rates provided below.

Here are 3 tips to keep your score in excellent condition:

  1. Review your credit report at least once a year.

  • Equifax offers a complete credit score report for $23.95, or an online viewing option for $15.50

  1. Remember not to close accounts even if they are not used often – you can lose valuable points for this in the current evaluation system.

  2. Keep credit card balances below 50% of your credit limit.

Keeping your credit score in good standing is important before and long after your purchase a home. Contact me at 416 830 1510 and I will work with you to attain and maintain an excellent credit rating.


Rudy Lochan, President

416 830 1510 / anavacentum@gmail.com

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