"Comprehensive Glossary of Real Estate Terminology – Letter Q"
Peruse the following real estate terminology and learn to "talk the talk"! Just click on the appropriate letter and start feeding your head now!
A B C D E F G H I J K L M
N O P Q R S T U V W X Y Z
Calculations that are used in determining whether 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.
A system of safeguards to ensure that loans are originated, underwritten and serviced according to the lender’s standards and, if applicable, the standards of the investor, governmental agency, or mortgage insurer.
A deed that transfers without warranty whatever interest or title a grantor may have at the time the conveyance is made.
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