Use the Loan Eligibility Checker
Check Your Loan Eligibility
How This Tool Works
- 1
Enter your gross annual income in Canadian dollars
- 2
Select your credit score range
- 3
Enter your total monthly debt payments (rent, car, credit cards, etc.)
- 4
Specify the loan amount you need
- 5
The checker calculates your debt-to-income ratio and matches against Canadian lender criteria
Ready to Compare Your Options?
See personalized loan offers from 50+ Canadian lenders — no impact to your credit score.
Understanding Your Results
Results show whether you're 'Likely Eligible,' 'Possibly Eligible,' or 'Unlikely Eligible' along with the estimated rate range. A DTI ratio below 36% is ideal for most Canadian lenders. If you're 'Possibly Eligible,' you may qualify with alternative or online lenders who have more flexible criteria.
Responsible Borrowing Advice
Being eligible doesn't mean you should borrow the maximum amount. Only borrow what you need and can comfortably repay. Use our Loan Calculator to check that monthly payments fit within your budget. Canadian consumer protection laws require responsible lending, but self-assessment is equally important.