Answer 6 questions to find out whether you qualify for A-lender rates, B-lender alternatives, or private financing — and what it means for your rate.
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Question 1 of 6 — Credit Score
What is your current credit score?
Your credit score is the single most important factor for lender tier placement.
Question 2 of 6 — Employment Type
How would you describe your employment?
Salaried T4 income is easiest for lenders to verify and qualify.
Question 3 of 6 — Down Payment
How much is your down payment?
20% or more means no CMHC insurance required and access to the best lenders.
Question 4 of 6 — Debt-to-Income
What is your total debt-to-income ratio?
Total monthly debt payments divided by gross monthly income. Lenders typically cap TDS at 44%.
Question 5 of 6 — Credit History
How long and how clean is your credit history?
Length of credit and negative marks weigh heavily even with a decent score.
Question 6 of 6 — Income Documentation
How do you document your income?
The cleaner your income documentation, the more lender options you have.
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A-Lender Qualifier
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What this means for you
Lenders typically active in your tier
These lenders commonly work with borrowers in this profile. This is market intelligence only — a licensed broker can help you approach the right lender for your specific situation.
Independent comparison only — Nordaux is not affiliated with, endorsed by, or an agent of any lender named on this page. Lender names are used for comparison purposes only.