What Is A Front-end Ratio?
Definition of "What is a front-end ratio?"
A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly income.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
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Involves monthly payments for property taxes and insurance, besides principal and interest. The tax and insurance payments are put into an impound account. For a residential mortgage this ...
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