While every application is unique, our general eligibility criteria for Musharaka financing include:
- A minimum credit score of 680 [cite: 43][cite_start].
- Holding Canadian residency (Citizenship or Permanent Residence) and being a tax resident of Canada [cite: 44][cite_start].
- Sufficient household income to support the financing (typically 3.25 - 3.75 times your annual income) [cite: 45][cite_start].
- 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)[cite: 46].