Many mortgage experts can ballpark debt ratio calculations in their heads.
Meanwhile, first-time buyers often don't know the difference between GDS and GPS.
That's a problem that Canadians need to solve every time they go home hunting.
Usually, they call a broker or lender to tell them if/when they're qualified to buy. But Homie's got another idea: use its free app.
The company says its app shows first-time buyers what they can afford in about three minutes.
For more on how it pulls that off, and who might care, read on.
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