As a whole, this process is referred to as mortgage underwriting, and it has many steps. Basically, the lender wants to assess your ability and willingness to repay the loan. Willingness is a bit hard to measure. But they can easily measure your financial ability to repay.
What is the 'Debt-To-Income Ratio - DTI'. A personal finance measure that compares an individualâs debt payment to his or her overall income. A debt-to-income ratio (DTI) is one way lenders (including mortgage lenders) measure an individualâs ability to manage monthly payment and repay debts. DTI is calculated by dividing total recurring monthly debt by gross monthly income, and it is expressed as a percentage.
The Unified Extensible Firmware Interface (UEFI, pronounced as an initialism U-E-F-I or like unify without the n) is a specification that defines a software interface between an operating system and platform firmware.ooting UEFI systems from GPT-partitioned disks is commonly called UEFI-GPT booting. It is also common for a UEFI implementation to include a menu-based user interface to the boot manager, allowing the user to manually select the desired operating system (or system utility) from a list of available boot options.