Home > Mobile Home Finance Dictionary > Q As a service to our customers, we've compiled a mobile home loan dictionary. Anything you need to know should be answered here.

 

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Qualifying ratio: The maximum percentage of a borrower's income that a lender or government agency will allow a prospective debtor's payments to be and still be able to approve the loan and which is often referred to as a debt-to-income ratio or DTI.

Quiet title action: A court action brought to establish title from a questionable claim or to remove a defect or cloud on the title to property.

Quitclaim deed: A deed used to surrender any interest in property which the grantor may have without any warranty of title or interest.

 

 

 

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