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Mortgage Glossary

Please choose a letter of the alphabet by clicking on a letter below.
This will take you to that page in the glossary.

ABCDEFGHIJKLMNOPQRSTUVWXYZ

Q
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.

 

 

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