While every application is unique, our general eligibility criteria for Musharaka financing include:
- A minimum credit score of 680.
- Holding Canadian residency (Citizenship or Permanent Residence) and being a tax resident of Canada.
- Sufficient household income to support the financing (typically 3.25 - 3.75 times your annual income).
- Purchasing a primary residence in a metropolitan area we serve (towns with populations under 100k in Ontario or 250k outside Ontario may be considered rural and are excluded).