"Q" structured borrower and lending term definitions seen while home shopping or observed in this directory.
- Qualifying Ratios
- Guidelines utilized by lenders to determine how much money a homebuyer is qualified to borrow. Lending guidelines typically include a maximum housing expense to income ratio and a maximum monthly expense to income ratio.
- Quitclaim Deed
- A deed transferring ownership of a property but does not make any guarantee of clear title.
"Glossary." HUD.gov. U.S. Department of Housing and Urban Development, n.d. Web. .