Remove Debt-to-income ratio Remove Finance Remove Pre-qualification Remove Termite Report
article thumbnail

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. A short-term loan that covers the cost to build a property until the owner can secure long-term financing. Debt-to-income ratio (DTI). Construction loan. Contingency. Down payment. Related Article.