Any loan that meets the product feature requirements with a debt-to-income ratio of 43% or less is a QM. 2. âGSE-eligibleâ category of QMs. Any loan that meets the product feature requirements and is eligible for purchase, guarantee, or. insurance by a GSE, FHA, VA, or USDA is QM regardless of the debt-to-income ratio (this QM category. applies for GSE loans as long as the GSEs are in FHFA conservatorship and for federal agency loans until. an agency issues its own QM rules, or January 10, 2021, whichever occurs first).
They are called Individual Savings Accounts or ISAs. ISAs are a place where you can put a range of savings and investments. However, you don't pay any tax on the interest or income you earn. There are two types of ISA: 1  a cash ISA. 2  an investment ISA.3  Investment ISAs are also known as stocks and shares ISAs.SAs are a place where you can put a range of savings and investments. However, you don't pay any tax on the interest or income you earn. There are two types of ISA: 1  a cash ISA. 2  an investment ISA.
1 New ISA allowance-The ISA allowance â the amount you can invest each tax year â will rise to Â£11,880 on 6 th April, and then to Â£15,000 1 st July 2014. 2  Improved flexibility-under the new rules you will also be able to split the ISA allowance as you wish between a Cash ISA and stocks and shares ISA.hancellor George Osborne announced in the Autumn Statement that from April 6th 2014, the ISA limit will be Â£11,880 per person. Of this, the maximum amount you will be able put 50% into a cash ISA, i.e. Â£5,940. The remainder of your ISA limit can be invested into a stocks and shares ISA. So for example, you could put: