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Qualification & Ratios

Beacon Score

Last updated: October 2026

What is Beacon Score in Canadian mortgages?

Canadian credit score system (300-900 scale). Higher scores qualify for better rates and lenders.

What is the Beacon Score limit for Canadian mortgages?

680+ for A-lenders, 550-679 for B-lenders

Beacon Score example

Worked example

720 Beacon score qualifies for prime rates and 85% LTV.

Related qualification & ratios terms

How bips handles Beacon Score

bips is an AI placement engine for Canadian mortgage brokers. It tests a borrower scenario against 40+ Canadian lenders in about two minutes, applying GDS, TDS, LTV, stress test and CMHC rules to every match. Free for the first 3 placements.