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Glossary of Terms > T > Total Expense Ratio

Total Expense Ratio

The ratio of housing expenses, plus current debt service payments to borrower income, which is used -- along with housing expense ratio and other factors -- in determining whether to qualify borrowers.

T Terms

Teaser Rate

Temporary Buydown

Term

Timeshare

Title

Title Insurance

Total Expense Ratio

Total Interest Payments

Transfer of Ownership

Treasury Index

Truth-In-Lending

Two-Step Mortgage