Terms with Tag Mortgage Lenders
- Debt Service Ratio (DSR) — Acronym, Important,
- Debt to Income (DTI) — Acronym, Important,
➥ A ratio used by mortgage lending underwriters when determining an individual's credit worthiness and their ability to service a mortgage loan.
- The percentage of an individual's income that is used to repay debt.
- Fair Isaac Corporation (FICO) — Bank Est. 1956, ➥ Introduced the FICO® Score used in credit reports.