GDS and TDS Calculations

Total Debt Service

Learn how mortgage lenders calculate your debt service ratios, GDS and TDS. You need to know these two basic calculations so you can crunch the numbers to find out what your budget and affordability is. Gross Debt Service (GDS) Lending guidelines allow you to use up to 32% of your gross monthly income towards housing […]

Legal Basement Suite Benefits

Benefits of Income Suite

By: Brian Banks – FreedomVest Properties Owning a property with a secondary income suite can be very powerful and catapult your financial future. It doesn’t matter if it’s a newly built home with a garden suite or you convert the downstairs of an older bungalow into a basement suite; the benefits can be exponential. Here […]