• Win a Trip to Las Vegas Contest!

    MyMortgage.ca is proud to announce our NEW 2012
    Win a Trip to Las Vegas Contest!
    Our 2012 contest is designed to give our valued clients a chance to win a weekend getaway!
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    More

  • Buying a Home?

    MyMortgage.ca offers a variety of mortgage options for home buyers. Regardless of your circumstances, we can usually find a mortgage to suit your needs.
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    .

  • Need to Refinance? Let us help

    Don't let circcumstances prevent you from reaching your goals. MyMortgage.ca offers a number of mortgage products designed to suit your refinancing needs.
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    .

  • Save Money on Mortgage Renewals

    Mortgage up for renewal? This is the ideal time to re-assess and re-examine your financial situation. Call us today.
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Increases Made to Debt Coverage Ratios

In following our commitment to providing current product information for our clients, MyMortgage.ca is pleased to announce the following changes to insurer’s guidelines for borrower qualifications (GDS/TDS).

Benefits

Provides Home ownership for a new segment of the market.

Eligibility Requirements:

  • TDS/GDS ratios of 42% and 35% respectively are acceptable for high ratio insured mortgages for applicants with a  credit score < 680.
  • TDS/GDS ratios of 44% and N/A respectively are acceptable for high ratio insured mortgages for applicants with a  credit score >680+.
All Products
All Products
Bureau Score < 680 ≥ 680
TDS 42% 44%
GDS 35% N/A
.