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
Discharge of an obligation through payment or the rendering of a service. An individual is pleased with something such as work performed by an electrician at his home. Sometimes payment ...
Section of the Internal Revenue Code that addresses tax-free exchanges of certain property. The general provisions for a tax-free exchange of real estate are that the properties must be ...
Claim or debt that may be recovered by instituting a lawsuit. ...
Approving or permitting an action to occur. ...
A landowner may not divert or redirect a natural occurring waterway from his or her property causing damages to another property. Waterway is normally construed to mean streams and rivers ...
Party that receives part or all of a construction job to do from the general contractor. ...
List of dwelling units, such as homes. ...
Use of a parcel of land that will produce the greatest current value. ...
Person or business that provides an option to someone else. ...

Have a question or comment?
We're here to help.