Last updated: May 2019
The credit score is used by most companies to decide if the applicant is a good credit risk or not. Equifax and Trans Union will calculate the numbers from the credit report and generate a number between 300 and 900.
https://www.richardsmortgagegroup.ca/credit-challengedLast updated: May 2019
Yes, you can get a mortgage. Your required down payment will depend on where you want to buy, how long since your bankruptcy (or OPD) discharge, and how much you have re-established your credit.
Updated: May 2020
In Canada, getting a mortgage after a multiple bankruptcy can be very difficult, especially when a property was included. The first bankruptcy will disappear from your credit report 6 years after discharge (7 years in ON, QC, NB, NL, PEI). However, if you declare bankruptcy more than once, then each bankruptcy will appear on your credit report for 14 years post-discharge. In most cases multiple bankruptcy is easily apparent to mortgage lenders.