Celebrating over 110 years in business!
RESIDENTIAL
DUCT CLEANING
• 1 Furnace System
• Up to 12 vents
• 1 main hot and
1 main cold duct
SPRING SPECIAL
ONLY
$
339
.99
*
+tax
Phone: 204-728-0180 • www.brandonheatingandplumbing.ca
*Some restrictions apply, see dealer for details.
Dryer vent
for
$
30
as an
add on
BEFORE AFTER
15
SATURDAY, MAY 6, 2023 • YOUR HOME YOUR WAY • THE BRANDON SUN
If you're planning on buying a
home, you'll likely need to obtain
a mortgage. Do you think having
a good credit score is all you need?
Think again!
THE IMPORTANCE OF A
GOOD CREDIT SCORE
Your credit score serves as a risk
indicator for lenders. If your score is
below 650, this could limit your pool
of potential lenders. Conversely, if
your score exceeds 720, financial in-
stitutions will be more likely to trust
you and give you a better rate.
CREDIT REPORT
In addition to your credit score,
your credit report includes essential
information about your credit his-
tory, including data about various
types of credit, such as lines of credit
and revolving credit.
GETTING A LOAN
Every financial institution has
a process for assessing your credit-
worthiness. They usually check your
credit rating, income, down pay-
ment, mortgage stress-test score and
other elements.
Contact a financial adviser or
mortgage broker to find out about
your financial and credit situation.
What does it mean to have good
credit for buying a house?
