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Front-end qualification
Front-end qualification When qualifying a prospective buyer for financing, the ratio of the borrower's income to monthly debt obligation is a primary consideration.
RELATED TERMS--------------------------------------
Debt
An amount owed to another.
Consideration
Anything of value given to induce someone into entering into a contract.
SIMILAR TERMS--------------------------------------
Front Desk
Office of the motel, may be in the lobby. This is where clients check in.
Front footage
The linear measurement along the front of a parcel.
Front-end ratio
The ratio of monthly housing cost (PITI) to gross monthly income.
Front-end zero
Under a conventional loan, a borrower may elect to finance all of the mortgage insurance premium, thus incurring no cash obligation for this charge at closing.
Frontage
The portion of property that borders a roadway or body of water.
PREVIOUS AND NEXT TERMS--------------------------------------
Friable asbestos
Any material containing more than one-percent asbestos, and that can be crumbled or reduced to powder by hand pressure.
Frivolous
Void of significance or reason; of little or no worth, or importance; not worthy of serious notice; trivial; unimportant.
Front Desk
Office of the motel, may be in the lobby. This is where clients check in.
Front footage
The linear measurement along the front of a parcel.
Frontage
The portion of property that borders a roadway or body of water.
Front-end qualification
Front-end ratio
The ratio of monthly housing cost (PITI) to gross monthly income.
Front-end zero
Under a conventional loan, a borrower may elect to finance all of the mortgage insurance premium, thus incurring no cash obligation for this charge at closing.
Fructus industriales
Corn, wheat and other crops that are produced annually by labor and industry, and not spontaneously. They are referred to in Latin as "fructus industriales."
FSBO (for sale by owner)
A home that is being sold by the owner of the property without the representation of a broker.
FSLIC
Federal Savings and Loan Insurance Corp, a federal institution that insures deposits of federally chartered savings and loan associations.
This dictionary contains 6433 terms. |
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