Ontario Mortgage Agent Practice Exam

Disable ads (and more) with a membership for a one time $4.99 payment

Prepare for the Ontario Mortgage Agent Exam with our comprehensive quiz. Study with flashcards and questions to ace your test!

Start Multiple Choice Practice Test
Start Flash Cards

Practice this question and more.

What is the average credit score in Canada?

  1. 500

  2. 650

  3. 700

  4. 740

The correct answer is: 740

The other options are incorrect because a credit score of 500 is considered poor, and while a credit score of 650 is fair, it is below the national average. A credit score of 700 is considered good, but it is still below the average in Canada. The average credit score in Canada is actually closer to 700-740, depending on the source. This means that option D is the most accurate and closest to the average credit score in Canada.

More Questions Like This