Front-End Qualification

Business / Real Estate / Front-End Qualification: When qualifying a prospective buyer for financing, the ratio of the borrowers income to monthly debt obligation is a primary consideration.

Other Words for Qualification

Qualification Verb Synonyms: limitation, restriction, modification, reservation, caveat, condition, stipulation, proviso, prerequisite, requirement
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Front-End Zero

Business / Real Estate / Front-End Zero: Under a conventional loan, a borrower may elect to finance all of the mortgage insurance premium, thus incurring no cash obligation for this charge at closing. MORE

Minimum Qualifications

Business / Human Resources (HR) / Minimum Qualifications: The attributes of a job description which establishes a baseline for meeting the qualifications for a particular position. MORE

Prequalification

Business / Taxes / Prequalification: When you prequalify for a mortgage, the lender calculates the approximate amount you’d be able to borrow, based on your current income and debt. Many lenders offer free mortgage calculators — some MORE

Qualification Period

Business / Finance / Qualification Period: A period of time during the first few months or weeks of a new policy when an insurance company will not reimburse a policyholder for a claim in order to allow the insurance company time to find any f MORE

Front-End Ratio

Business / Real Estate / Front-End Ratio: The ratio of monthly housing cost (PITI) to gross monthly income. MORE

Front-End Qualification

Business / Real Estate / Front-End Qualification: When qualifying a prospective buyer for financing, the ratio of the borrowers income to monthly debt obligation is a primary consideration. MORE

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