Mortgage Strategies for Vancouver, South Surrey & White Rock
Actionable mortgage advice and local market insights designed to help homeowners in British Columbia reduce interest, optimize their mortgage structure, and build long-term wealth.
GDS/TDS and How They Affect Your Mortgage Qualification
When it comes to securing a mortgage, there are two important financial metrics that lenders carefully consider to determine your qualification, Gross Debt Service (GDS) and Total Debt Service (TDS). Let's go into these concepts and explore their impact on your mortgage qualification.