26 Nov

What are debt ratios?

General

Posted by: Aric Taylor

Debt ratios are simple to calculate yet play an important part in the mortgage qualification process. The Two Ratios The two debt ratios are: Gross Debt Service (GDS) and Total Debt Service (TDS). They are calculated by adding up certain debt obligations and then dividing that number by your gross income. GDS debt is a […]

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8 Nov

Your Equity or Theirs?

General

Posted by: Aric Taylor

Renting property can be the right decision for some, but have you ever wondered how much of a mortgage you could be paying off with the equivalent of your monthly rent? With today’s low interest rates, it’s worth taking another look at renting vs buying and determining if the time is right to build your […]

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