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  • Who We Are
    • About Us
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    • Latest News
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  • Action Centre
    • About Mortgage Brokers
      • Why Use A Mortgage Broker?
      • When to Contact Us
      • Know What To Ask
      • Your Mortgage Team
    • Things to know
      • First Time Home Buyers
      • Mortgage Qualification Criteria
      • Common Mistakes
      • Writing A Purchase Offer
      • Building A New Home
      • What Is Credit?
  • Services
    • Mortgage Types
      • Progress Draw Mortgage
      • Revenue Property Mortgage
      • Variable Rate Mortgage
      • Fixed Rate Mortgage
    • Financial Services
      • Home Equity Line Of Credit (HELOC)
      • Purchase Plus Improvements Mortgage
    • Mortgage Steps
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      • Mortgage Pre Approval
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Daily Archives: March 3, 2015

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Credit Reports: GDS And TDS (We Swear It’s Not Alphabet Soup!)

Mortgage Mumbo JumboBy Bob ReaderMarch 3, 2015

CREDIT REPORTS: GDS AND TDS (WE SWEAR IT’S NOT ALPHABET SOUP) What does it mean to be “qualified”? The word “qualified” gets tossed around a lot when people talk about financing, but what exactly does it mean to be qualified in a financial sense, and how do lenders make that determination? The primary calculations that…

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