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Frequently asked questions (FAQs) about apartments and credit score requirements. What is a low credit score? According to the FICO scoring model, a “poor” credit score is considered any score ...
The specific models generally used for mortgage lending are the Fico Score 2 (Experian/Fair Isaac Risk Model v2), FICO Score 5 (Equifax Beacon 5), and Fico Score 4 (TransUnion FICO Risk Score 04).
Renters could raise their credit score nearly 60 points if their rental payment history was factored into their credit report, according to TransUnion.
A landlord may apply to the board to increase a unit's rent above the province's rent control guidelines or to evict a tenant. Tenants can dispute evictions , apply for rent reductions or rebates due to a landlord's failure to meet maintenance obligations , apply for work orders or other orders, or grieve other violations of the Residential ...
Rent regulation was first briefly introduced in Ontario under the National Housing Act 1944.After lobbying by business it was repealed in under a decade. The modern history of rent controls began in July 1975 when the Residential Premises Rent Review Act 1975 was enacted after the demand for rent controls became a major issue in the period leading to the 1975 provincial election. [2]
Toronto Housing Company was a product of a 1999 merger between the Metropolitan Toronto Housing Company Ltd. and the City of Toronto Non-Profit Housing Corporation (also known as Cityhome). [8] Cityhome was established in 1974 to provide affordable rental accommodation for low-income families.
An 800 credit score is considered “exceptional” by FICO and is in the highest tier of scores. As long as you meet the lenders’ other requirements, your score is high enough to qualify for ...
Type of Loan. Minimum Credit Score. Conventional. 620. Jumbo. 700. FHA. 580 (or 500 with 10 percent down) VA. 620 (VA doesn’t require a minimum credit score, but lenders do)