Term life is often considered a good choice for replacing if necessary your income over a certain period. (360financialliteracy.org)
Rates would need to jump to 7 % in order for the percentage of necessary income to be greater than historic norms. (simplifyingthemarket.com)
«If the buyer's financing should fall through due to debt to income ratios, inconsistent income, failure to provide necessary income documentation and / or any issue concerning self - employment, buyer agrees to forfeit all earnest money to seller.» (iloanhomemortgage.com)