Real Estate News

Mortgage Terminology

July 19th, 2022 4:00 PM by Heidi Gravel

The ratio expressed as a percentage, which results when a borrower's monthly payment obligation on long-term debts is divided by his or her gross monthly income.


If you find the financial part of home buying confusing, give us a call and we can get you connected with a trusted lender.

Have a great Tuesday....N.G 

Source: Listreports


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Posted by Heidi Gravel on July 19th, 2022 4:00 PM

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