How To Get a Mortgage After Bankruptcy

How To Get a Mortgage After Bankruptcy

Q: How hard is it to obtain a mortgage after filing for bankruptcy? A: If you’re one of the more than 100,000 Canadians who file for bankruptcy every year, you know how hard it can be to access any sort of loan, let alone qualify for a mortgage. But filing for...
Five ways to improve your credit score

Five ways to improve your credit score

If you currently have a mortgage or are looking to obtain one, it is imperative you maintain a healthy credit score. The three digits that make up your credit score tell a lender a lot about your credit history and ultimately the status of your financial health....

$1.67 – what it means

According to Statistics Canada, the average Canadian’s debt-to-income ratio is $1.67. Keeping all those creditors at bay can be a difficult juggling act. Let Defined Mortgage Services devise your plan to financial recovery. Call or email us at  647-201-0167 /...

Important News

Effective July 22, The Bank of Canada has lowered the benchmark rate used to qualify your mortgage from 5.34% to 5.19%. This means you can qualify for a larger mortgage.

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