Definition
Credit Utilization
Revolving balances as a percentage of available credit. Roughly 30% of a FICO score and the fastest lever for improving it.
Nearby terms
Contingency
A condition in a purchase contract that must be satisfied for the deal to proceed.
Conventional Loan
A mortgage not insured or guaranteed by a government agency.
Debt Service Coverage Ratio
Gross rental income divided by PITIA.
Debt-to-Income Ratio
Total monthly debt obligations divided by gross monthly income.
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