1. Most financial institutions will provide a mortgage loan only if the Total Debt Service (TDS) ratio is __________ and if the Gross Debt Service (GDS) ratio is __________.

Points: 1

1. no more than 40%; no more than 32%
2. no more than 32%; no more than 40%
3. greater than 40%; greater than 32%
4. greater than 32%; no more than 40%