Remove Debt-to-income ratio Remove Earnest money deposit Remove Lending Remove Termite Report
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

Debt-to-income ratio (DTI). You can help your clients calculate their DTI by adding together all of their monthly payments and dividing the total by their gross monthly income. Earnest money deposit. In lending, principal is the total amount of money borrowed that must be paid back with interest.