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Kelly Innello | Kinn Homes , Success! Real EstatePhone: (617) 276-6246
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Tag: Tax Terms

Posted on 12/12/2022
Understanding PITI
PITI, which is short for "principal, interest, taxes and insurance," is an essential term to know for anybody seeking a mortgage loan. The acronym refers to the relationship between these four numbers expressed in a ratio and can tell lenders about your financial status. Here is a breakdown of the term and why it matters to potential homeowners...
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