Q Mortgage Terms | Watkinsville Real Estate
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Qualifying Ratios
Comparisons of a borrower's debts and gross monthly
income to determine whether a borrower can qualify for
a mortgage. They consist of two separate ratios: (1)
housing expense as a percent of total income; and (2)
total debt obligations as a percent of total income.
Quitclaim Deed
A deed that transfers ownership without warranty.
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