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Definition of

qualifying ratio

Mortgages

calculation of mortgage affordability a calculation of how much mortgage a borrower can afford, by comparing his or her monthly income against monthly outgoings

Definitions of ’qualifying ratio’ and meaning of ’qualifying ratio’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’qualifying ratio’ and other financial terms with our online QFINANCE Financial Dictionary.

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