Home > Terms > English, UK (UE) > No ratio loan

No ratio loan

A documentation requirement where the applicant's income is disclosed and verified but not used in qualifying the borrower. The conventional maximum ratios of expense to income are not applied.

This is auto-generated content. You can help to improve it.
0
  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Banking
  • Category: Mortgage
  • Company:
  • Product:
  • Acronym-Abbreviation:
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Tourism & hospitality Category: Landmarks

The Great Wall Of China

The great wall of China is a series of fortifications made of stone and soil in North China, which was built to protect the northern borders of the ...

Contributor

Featured blossaries

2014 World Cup Winners

Category: Sports   1 5 Terms

Christmas Song

Category: Entertainment   1 3 Terms