HomeTermsCompareFinance PITI RatioThe definition for PITI Ratio:The principal, interest, tax and insurance payment to income ratio. Used in mortgage lending decisions. Similar MatchesAcceleration ClauseAcceleration ClauseClause used in an installment note and mortgage (or deed of trust), which gives the lender the right to demand payment in full upon the happening of a certain event, such as failure to pay an installment by a certain date, change of ownership without the lender's consent, destruction of the property, or other event which endangers the security of the loan. ConsiderationConsiderationA required element in all contracts by which some-thing of value, including a promise, is exchanged for the act or promise of another. D Declaration Of TrustD Declaration Of TrustA written acknowledgement by one holding legal title to property that the property is held in trust for the benefit of another. Further SuggestionsEleemosynary CorporationFederal Deposit Insurance Corporation (fdic) FHA (Federal Housing Admininistration) Loan Ratio Loan toValue Ratio Proration Sequestration, Writ Of Click to compare definitions of PITI Ratio Click to view definitions beginning pi |