Remove Debt-to-income ratio Remove Lending Remove Short sale 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. This can lead to a short sale, foreclosure auction, and/or the lender taking possession of the property. Foreclosure. Freddie Mac.