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
If you have any question about real estate terms or language please contact us for clarification.
"I called Union Capital just to find out if the rate quoted by my bank was fair.
It turns out that Union Capital offered a much lower rate/fees. My mortgage loan
closed on time and I saved over $5,000 with a lower interest rate. Union Capital
was right there every step of the way."
-- Rob P., Denver, CO
4.250 |
30 Year Fixed (4.374 APR)* |
3.750 |
15 year Fixed (3.921 APR)* |
3.375 |
5 year ARM (4.532 APR)* |