Tag: mortgage
Qualification Ratio
What is 'Qualification Ratio' Ratio of debt to income and housing expense to income that is used by mortgage lenders to determine...
Vacation Home
What is 'Vacation Home' A dwelling other than the owner's primary residence that is used for recreational purposes, like vacations (hence the...
DTI
DTI is debt to income ratio Your debt to income ratio is an important part of your credit score calculation A low debt...