Refinance•Verified 2026-04-14
How do GDS and TDS ratios affect my refinancing options?
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Related Questions
What is the Loan-to-Value (LTV) ratio, and how does it impact my ability to refinance?
The Loan-to-Value (LTV) ratio plays a critical role in the refinancing process.
How does OSFI's Guideline B-20 affect refinancing?
OSFI's Guideline B-20 establishes the benchmark for residential mortgage underwriting practices that federally regulated financial institutions (FRFIs) must adhere to.
What is a 'straight switch,' and how does it impact refinancing at renewal?
A "straight switch" refers to the process of transferring an existing uninsured mortgage to a new institution when it's up for renewal, without increasing the remaining amortization period or the loan amount.
What Loan-to-Value (LTV) Ratio is Right for Me?
The Loan-to-Value (LTV) ratio is a key metric lenders use to gauge risk.