Definition
PITIA
PITI plus association dues. The figure used in DSCR calculations.
Nearby terms
Owner’s Title Policy
Title insurance protecting the buyer's ownership interest, optional in most states and lasting as long as you hold an interest in the property.
PITI
Principal, interest, taxes and insurance — the four core components of a mortgage payment.
Points
See discount points.
Portfolio Loan
A loan a lender keeps on its own books rather than selling, allowing underwriting flexibility outside agency guidelines.
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