Solutions

Solutions

This section is designed to answer your burning mortgage questions and address everything from basic mortgage definitions to more complex insurance options.

Mortgage Glossary

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G

glossary

An alphabetical list of terms or words found in or relating to a specific subject, text, or dialect, with explanations; a brief dictionary.



Gross Debt Service Ratio (GDS)

The percentage of the borrower's gross monthly income that will be used for monthly payments of principal, interest, taxes, heating costs and half of any condominium maintenance fees.



Location

UNIT 102, 2016 SHERWOOD DRIVE
Sherwood Park, Alberta
T8A3X3