The ratio, expressed as a percentage, between a borrower's montly housing expenses, and his gross monthly income
The ratio, expressed as a percentage, which results when a borrower's housing expenses are divided by his/her gross monthly income. Impound That portion of a borrower's monthly payments held by the lender or servicer to pay for taxes, hazard insurance, mortgage insurance, lease payments, and other items as they become due. Also known as reserves.
The ratio, expressed as a percentage, obtained by dividing borrower's housing expenses by his/her gross monthly income. See debt-to-income ratio.
The ratio, expressed as a percentage, which results when a borrower's housing expenses are divided by his/her gross monthly income. See debt-to-income ratio.
The ratio (expressed as a percentage) of a borrowerâ€(tm)s housing expenses divided by his or her monthly income.
The ratio of the monthly housing payment in total (PITI - Principal, Interest, Taxes, and Insurance) divided by the gross monthly income (for conventional loans) or net effective income (for FHA/VA loans). This ratio is also sometimes referred to as the top ratio or front end ratio.
The ratio, expressed as a percentage, which results when a borrower's housing expenses are divided by his/her net effective income (FHA/VA loans) or gross monthly income (Conventional loans).
A borrower's housing expenses divided by his /her net effective income (for FHA/VA loans) or gross monthly income (for conventional loans). Expressed as a percentage.
The ratio, expressed as a percentage, which results when a borrower's housing expenses are divided by his/her gross monthly income.(Return to the top of the page.)
Similar to Debt to Income Ratio, except that only the borrower's housing expenses, and not other monthly obligations are used in the calculation. Also referred to as the "Front Ratio".
