Posted on: 02nd Aug, 2009 01:16 pm
Debt-to-income ratio:
Escrow Account
Housing Ratio
Can some one give me some basic informatipon about thes things
I am just learinign as I plan to buy a house soon
Escrow Account
Housing Ratio
Can some one give me some basic informatipon about thes things
I am just learinign as I plan to buy a house soon
Good luck
Debt-to-income ratio (DTI): The ratio of the monthly debt to the pre-tax gross monthly income.
Escrow Account: Bank account into which lender deposits part of the monthly payments made by borrower. The deposits include payments towards property taxes, homeowners insurance and mortgage insurance.
Housing Ratio: The ratio of the monthly housing costs to the pre-tax gross monthly income
Good luck
Debt-to-income ratio (DTI): The ratio of the monthly debt to the pre-tax gross monthly income.
Escrow Account: Bank account into which lender deposits part of the monthly payments made by borrower. The deposits include payments towards property taxes, homeowners insurance and mortgage insurance.
Housing Ratio: The ratio of the monthly housing costs to the pre-tax gross monthly income
Good luck
feel free to ask
[System detected duplicate content; converted into image. Thanks.]