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What does GDSR stand for?

GDSR stands for Gross Debt Service Ratio (mortgage eligibility)

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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Other Resources:
We have 1 other meaning of GDSR in our Acronym Attic

Samples in periodicals archive:

uk Global Banking News - 15 April 2013 The Department of Finance in Canada instituted several changes in rules related to government backed insured mortgages, which appear to have put a dampener on the home sales mortgage market in the country Among the changes included are a reduction of amortisation period for a mortgage loan from 30 years to 25 years, refinancing amounts are now 80 percent of loan to value, borrowers gross debt service ratio and total debt service ratio are limited to 39 percent and 44 percent, and availability of government backed insured mortgages are restricted to homes with purchase price not exceeding CAD1m.