


House-Buying 101
Mortgage Terminology
Q

Qualifying Ratios
Calculations used to determine if a borrower can qualify for a mortgage. They consist of two separate calculations: a housing expense as a percent of income ratio and total debt obligations as a percent of income ratio.
Mortgage Terminology
Q

Qualifying Ratios
Calculations used to determine if a borrower can qualify for a mortgage. They consist of two separate calculations: a housing expense as a percent of income ratio and total debt obligations as a percent of income ratio.
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PHASES OF CONSTRUCTION | THE MORTGAGE PROCESS | FAQS
© 2010 Klein Homes - Southern Indiana Home Builder


