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Beacon Score

The Canadian credit score produced by Equifax, ranging from 300 to 900. Most Canadian mortgage lenders require a minimum Beacon score of 600-680 for conventional financing, with the best rates availab

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The Canadian credit score produced by Equifax, ranging from 300 to 900. Most Canadian mortgage lenders require a minimum Beacon score of 600-680 for conventional financing, with the best rates available above 720. The Beacon score is similar to the FICO score used in the United States and factors in payment history, credit utilization, length of credit history, and credit mix.

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