One is to ensure that the lender receives the full amount the borrowers owe should they stop making their monthly payments. (mozdex.com)
The total amount the borrower earns per month, not counting any taxes or expenses. (foundationmortgage.com)
This will no longer be the case as Effective Rates are over 3 % and therefore all rate variations will effect loan amounts borrowers receive in the future. (reverse.mortgage)