Assume a mortgage on a home is $1,800 a month. What else will a bank require from

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Assume a mortgage on a home is $1,800 a month. What else will a bank require from you to determine if you qualify for this mortgage? Include all of the requirements for both the Gross Debt Service (GDS) and Total Debt Service (TDS).

Posted Date: Nov 17, 2021 05:25 PM

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Assume a mortgage on a home is $1,800 a month. What else will a bank require from

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The bank need to know your income The gross debt service GDS ratio is ... View the full answer

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