{"id":31,"date":"2026-10-24T10:00:00","date_gmt":"2026-10-24T10:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/outsmartthebanks-ca\/2026\/10\/24\/preparing-to-get-a-mortgage\/"},"modified":"2026-10-24T10:00:00","modified_gmt":"2026-10-24T10:00:00","slug":"preparing-to-get-a-mortgage","status":"publish","type":"post","link":"https:\/\/www.outsmartthebanks.ca\/blog\/2026\/10\/24\/preparing-to-get-a-mortgage\/","title":{"rendered":"Preparing to get a mortgage"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>Before applying for a mortgage, check your credit report for errors and ensure a good credit score to avoid denial or co-signing requirements. Lenders assess your income, expenses, debts, and credit to calculate your gross debt service (GDS) ratio, which should not exceed 39%, and total debt service (TDS) ratio, which should stay below 44%. Passing a stress test at a higher qualifying interest rate is mandatory for federally regulated lenders.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/www.canada.ca\/en\/financial-consumer-agency\/services\/mortgages\/preparing-mortgage.html#:~:text=Yourtotalmonthlyhousingcosts,debtthanyoucanafford.\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Before applying for a mortgage, check your credit report for errors and ensure a good credit score to avoid denial or co-signing requirements. Lenders assess your income, expenses, debts, and credit to calculate your gross debt service (GDS) ratio, which should not exceed 39%, and total debt service (TDS) ratio, which should stay below 44%. [&hellip;]<\/p>\n","protected":false},"author":549,"featured_media":32,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-31","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.outsmartthebanks.ca\/blog\/wp-json\/wp\/v2\/posts\/31","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.outsmartthebanks.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.outsmartthebanks.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.outsmartthebanks.ca\/blog\/wp-json\/wp\/v2\/users\/549"}],"replies":[{"embeddable":true,"href":"https:\/\/www.outsmartthebanks.ca\/blog\/wp-json\/wp\/v2\/comments?post=31"}],"version-history":[{"count":0,"href":"https:\/\/www.outsmartthebanks.ca\/blog\/wp-json\/wp\/v2\/posts\/31\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.outsmartthebanks.ca\/blog\/wp-json\/wp\/v2\/media\/32"}],"wp:attachment":[{"href":"https:\/\/www.outsmartthebanks.ca\/blog\/wp-json\/wp\/v2\/media?parent=31"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.outsmartthebanks.ca\/blog\/wp-json\/wp\/v2\/categories?post=31"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.outsmartthebanks.ca\/blog\/wp-json\/wp\/v2\/tags?post=31"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}