As you plan to buy your new home in Toronto, the idea of getting a mortgage will pop up frequently. You need to learn all you can before you pursue such a loan, but where can you get such an education? Mortgage Genie is the perfect place for you!
If you are planning on purchasing a house in Toronto, make sure your credit is in good standing. Most lenders want to make sure your credit history has been spotless for at least a year. To obtain the best rate, your credit score should be at least 720. Remember that the lower your score is, the harder the chances of getting approved.