Sentences with phrase «called qualifying ratios»

These formulas are called qualifying ratios because they estimate the amount of money you should spend on mortgage payments in relation to your income and other expenses.

Not exact matches

Many lenders follow what is called the 28/36 qualifying ratio to determine if you're eligible for the best rates.

To find our qualifying census tracts, income requirements, purchase price limits, current rates, debt - to - service ratio and fees, please call our Customer Service Center at 1-800-522-4167, or visit any Columbia Bank branch.

He is quick to point out that the FHA is exempt from so - called qualified mortgage requirements such as a maximum 43 % debt - to - income ratio.

Sometimes they're called «Feisty Fido», sometimes they're called «Growl School», but they all have a very high trainer / dog ratio and all trainers are highly qualified in dealing with aggressive dogs.

If you've not had major surgery, you health is well controlled with medications or minor treatment, and your height to weight ratio (also called BMI) is within reason, you may qualify.

I called my bank (Chase) and spoke with a loan officer and she told me they were unable to count my rental income on the house I wished to take out the HELOC, and therefore, my debt to income ratio is too low to qualify for a significant loan.