Glossary

 Cornish: 207-625-3222  Limerick: 207-793-2004

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 Limerick Office:
Phone:
207-793-2004
E-mail Limerick

Cornish Office:
Phone:
207-625-3222
E-mail Cornish

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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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