What Borrowers Need to Beat the New CMHC Rules

Hypothequesoulanges20 May, 2021Real Estate

Mortgage lenders are currently adjusting their rates based on various conditions. Your credit score is a very vital criterion. After checking your credit score, the best mortgage broker Montreal will determine if you qualify for the loan. They will also use it to pick a suitable payment rate. According to CMHC, your credit score should be at least 680.