GLOSSARY ( Q )

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Qualify	To meet a mortgage lender's approval requirements.
Qualifying Ratios	Calculations that are used in determining whether a borrower can qualify for a mortgage. They consist of two separate calculations: a housing expense as a percent of income ratio and total debt obligations as a percent of income ratio.
Quit Claim Deed	A deed that transfers, without warranty of ownership, whatever interest or title a grantor may have at the time the conveyance is made.

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