Canada’s household-debt-to-income ratio down slightly in second quarter - National | Globalnews.ca
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If you’re buying an investment property, a DSCR loan (Debt Service Coverage Ratio loan) could be a game changer. Unlike traditional mortgages, DSCR loans don’t qualify you based on your personal income. Instead, they look at the property’s income potential. Here’s how it works: 👉 The lender calculates whether the rental income covers the mortgage payment. 👉 If the rent is equal to or greater than the monthly debt, you may qualify. 👉 No tax returns. No W-2s. Just property performance. This opt
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