The leader in Northeast Michigan real estate(989) 733-6522Serving Onaway, Cheboygan, Rogers City and Indian River |
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Real Estate Glossary4 - A - B - C - D - E - F - G - H - I - J - L - M - N - O - P - Q - R - S - T - U - V - W -qualifying ratios 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.quitclaim deed A deed that transfers without warranty whatever interest or title a grantor may have at the time the conveyance is made. |
P.O. Box 478, Junction M-68 & M-33, Onaway, 49765 Phone: (989) 733-6522 Fax: (989) 733-2427 | |
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