For prospective homebuyers in Ontario, understanding the intricacies of credit scores is crucial when navigating the mortgage application process. This guide delves into how credit scores impact mortgage eligibility and the terms offered by lenders, providing valuable insights for those looking to secure their dream home. By exploring the factors that influence credit scores and offering practical tips to enhance them, this article equips readers with the knowledge needed to make informed financial decisions. Whether you're a first-time buyer or looking to refinance, grasping the role of credit scores can significantly improve your chances of obtaining favorable mortgage terms.