Credit Underwriting Guidelines
At Dundee Bank of Canada, residential mortgage applications are subject to a thorough underwriting process to ensure the formulation of a sound credit decision based on information about the applicant(s), their background and the underlying property securing the mortgage. This information is summarized in the five C's of credit:
- Character
- Credit
- Collateral
- Capacity
- Capital
The credit underwriting guidelines are provided as information only. The decision to approve a loan is at Dundee Bank of Canada's sole discretion. These guidelines may be changed by Dundee Bank of Canada at any time.
Please download the complete Dundee Bank of Canada Credit Underwriting Guidelines for Mortgages Brokers document in PDF format.