Gross debt service ratio (GDS)
The gross debt service ratio (GDSR) is the ratio or proportion of a borrower’s housing-related debt to their income. Lenders take GDSR into account when considering whether to approve a mortgage application.
Gross debt service ratio (GDS)
The gross debt service ratio (GDSR) is the ratio or proportion of a borrower’s housing-related debt to their income. Lenders take GDSR into account when considering whether to approve a mortgage application.