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Gross Debt Service Ratio (GDS) | Scott Dawson
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Gross Debt Service Ratio (GDS)

by | May 23, 2011 | Mortgage Terms | 0 comments

Gross Debt Service Ratio (GDS)

The percentage of the borrower’s income that is needed to make all payments for costs associated with housing. There is a maximum amount associated with this ratio to ensure that borrowers can afford to carry the debt.