lender requirement mortgage loan application: Real Estate Alphabet Soup: Q for Qualifying Ratios
- 10/18/21 03:41 PM
Hey there! Here goes another episode of the Real Estate Alphabet Soup for today, where we learn more about real estate one letter at a time. Now we're at the letter Q. We'll be talking about one of the important things in filing for a mortgage as a home buyer. Q for Qualifying RatiosQualifying ratios are the ones that the mortgage lender will use to qualify you for the home mortgage. This includes your debt-to-income ratio, for scores back in ratios, you name it. Also, in an event that you are making an application for rent in the DMV area, your lender or
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