A lending metric that compares a borrower's total monthly debt payments to their gross monthly income. Lenders use DTI to assess borrowing capacity, with most requiring ratios below 44% for mortgage approval.
Related Articles
- Accounts Receivable Factoring: Cash Today, Not 60 Days
Turn unpaid invoices into same-day cash with accounts receivable factoring in Canada. Costs, approval speed, and when factoring beats traditional bank loans.
- When Banks Say No: Alternative Financing Options Every Investor Needs to Know
Discover financing alternatives when banks decline your investment property loan. Learn about seller financing, hard money, private lenders, and commercial options for Canadian investors.
- Divorce and Real Estate: How to Protect Your Investment Properties in Canada
Protect your rental portfolio when relationships end. Learn how divorce affects mortgage qualification, JV partners, and property equity in Canada.
- DSCR Loan Down Payment: Minimums and How to Reduce It
DSCR loan down payment requirements explained. Minimum 20-25% typical, plus strategies to reduce your down payment using HELOC, cash-out refinance, and more.
- DSCR Loans for First-Time Investors: Beginner Guide 2026
How DSCR loans let first-time investors finance rental properties based on property income, not personal income. No extensive documentation required.
- DSCR Loans for Airbnb and Short-Term Rentals: How to Qualify
Finance Airbnb, VRBO, and vacation rental properties with DSCR loans. Which lenders accept STR income, qualification criteria, and rate expectations.
← Mortgage & Real Estate Glossary 2026 · Editorial standards