Remove Construction Remove Debt-to-income ratio Remove Fixed-rate mortgage Remove Proof of funds
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This works in your client’s favor if they are collecting on investments, but against them when applied to debt. Construction loan. It’s kind of like a fixed-rate mortgage and an adjustable-rate mortgage had a baby. Debt-to-income ratio (DTI). Fixed-rate mortgage.