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Tag Archives: gds ratio

How To Report Your Income – Taxes

Sunday, March 21, 2010

People who are not self-employed receive at the end of the year an income receipt slip from their employers. They complete their Form 1040 (United States Individual tax return) then submit it to the IRS. They either pay additional tax or enjoy a moderate refund. It is through this income reporting that lenders verify the [...]

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What Is Your GDS Ratio and TDS Ratio?

Wednesday, January 27, 2010

Your monthly budget likely accounts for every dollar coming into your home. Perhaps detailing each payment and expense you’ll be required to pay for that month while the amount of cash left over you designate toward savings. When you’re sitting at your kitchen table trying to calculate if you can afford another loan, I bet [...]

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