The Tiering System.
Every criterion is reported in a favourable state. Credit may still carry an advisory — that alone does not downgrade the file.
- ✓Timeline within 3 months
- ✓Property inside Canada · GTA / configured service area
- ✓Employed (or self-employed with 2 years of NOAs)
- ✓Annual gross household income reported
- ✓Credit score 680+
- ✓Down-payment funds reported as available
- ✓LTV under 80% (for refi + cash-out branches)
Anything short of Tier A that isn't a Tier C disqualifier. One or more of the criteria below is in a yellow state — the file is workable, it just needs additional broker work.
- !Timeline 3 – 6 months
- !Self-employed without 2 years of NOAs
- !Down-payment funds not reported as available
- !Sale not yet listed (own-and-selling branch)
- !LTV between 80% and 100%
- !Property value or secured debt not reported (LTV cannot be estimated)
- !Credit 580–679 (advisory — never a downgrade by itself)
A hard-stop reason applies. The record is still saved for nurture — never discarded.
- ✕Property outside Canada
- ✕No current income on an active purchase / refi / cash-out file
- ✕Applicant is just researching (no active timeline)
- ✕Renewal 6+ months out
- ✕LTV ≥ 100% on cash-out / equity borrowing
Rules, in order
- 1Tier C disqualifiers fire first.
Property outside Canada, no current income on an active file, renewal 6+ months out, LTV ≥ 100% on cash-out borrowing, or an applicant who is just researching. If any of these apply, the file lands in Tier C. Every Tier C submission is still saved for nurture.
- 2If it's not Tier A and it's not a Tier C disqualifier, it's Tier B.
B is the default landing spot for anything short of green. Timeline 3–6 months, self-employed without NOAs, down-payment funds not reported available, sale not listed, LTV 80–100%, or unknown equity inputs — all Tier B. Workable with broker review.
- 3Credit is advisory only.
A yellow credit band on its own never drops the tier. If every other driver is green and credit is the only yellow item, the file stays Tier A — the broker sees the credit advisory in its own card.
- 4Otherwise → Tier A.
Green across the board (with credit advisory possible) → Tier A. Every result includes reason codes so the broker sees exactly why a grade was assigned.
Calculations
Content pending — the formulas below are placeholders while final copy is finalized.