Definitions for "Qualifying Ratio"
See " Housing Expense Ratio"
The ratio of fixed monthly expenses to monthly income. This ratio is used by lenders to determine how much to loan to a homebuyer.
the ratio of your fixed monthly expenses to your gross monthly income. It is used to determine how much you can afford to borrow. The fixed monthly expenses would include PITI along with other obligations such as student loans, car loans, or credit card payments.