Who Is QM?
Who Is QM? A Qualified Mortgage (QM) is a defined class of mortgages that meet certain borrower and lender standards outlined in the Dodd-Frank regulation. … The Ability-to-Repay rule outlines eight criteria the lender must use to determine if you can or cannot make mortgage payments. What is the qualified mortgage rule? The Ability-to-Repay/Qualified Mortgage