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Mortgage Rates & Mortgage Broker News in Canada - Home Page
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Mortgage Rates & Mortgage Broker News in Canada - Home Page
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Debt Ratios (GDS / TDS Ratios) | Mortgage Rates & Mortgage Broker News in Canada
Lenders have long relied on two standard measures of one’s “ability to pay” their mortgage: Gross Debt Service (GDS): The percentage of the borrower’s income that is needed to pay all required monthl...
High Ratio Mortgage | Mortgage Rates & Mortgage Broker News in Canada
A mortgage with a loan-to-value over 80%. In other words, a mortgage where the borrower has put down less than 20%. In Canada, most high ratio mortgages have to be insured against default. This requ...