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By FrontDoor.com | Published: 11/01/2007
Qualification rate -- Rate of interest used to calculate whether or not a borrower qualifies for a mortgage.
Qualification requirements -- Guidelines used by lenders to decide whether to loan money to an applicant.
Qualified acceptance, conditional acceptance -- Acceptance for a loan (or other contract) provided that certain conditions are met.
Qualified buyer -- A person who has been pre-approved for a mortgage loan.
Quantum -- A quantity or amount, a specified portion.
Quit claim deed -- A document that transfers a title, right or claim to another person, giving up all claims to a possession.
