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Notation and Qualify

noun

  • A technical system of symbols used to represent special things.
  • A comment or instruction (usually added. )
    • usage: "his notes were appended at the end of the article"; "he added a short notation to the address on the envelope"
  • The activity of representing something by a special system of marks or characters. .

verb

  • Prove capable or fit; meet requirements.
  • Pronounce fit or able.
    • usage: "She was qualified to run the marathon"; "They nurses were qualified to administer the injections"
  • Make more specific.
    • usage: "qualify these remarks"
  • Make fit or prepared.
    • usage: "Your education qualifies you for this job"
  • Specify as a condition or requirement in a contract or agreement; make an express demand or provision in an agreement.
    • usage: "The will stipulates that she can live in the house for the rest of her life"; "The contract stipulates the dates of the payments"
  • Describe or portray the character or the qualities or peculiarities of.
    • usage: "You can characterize his behavior as that of an egotist"; "This poem can be characterized as a lament for a dead lover"
  • Add a modifier to a constituent.

Qualify is a process of preparing a borrower for a mortgage loan by analyzing their financial data and comparing to loan program criteria to determine the best-fit program based upon loan-to-value ratio, debt-to-income ratio and credit information (if applicable). Mortgage Qualify Calculator.