Central Source Mortgage Banking Inc.

Qualification
The process which determines whether an applicant can be approved for a mortgage loan.

Quality control
Policies and procedures designed to maintain optimal levels of quality, accuracy, and efficiency in the production, selling, and servicing of mortgage loans.

Quick asset
An asset that is immediately convertible to cash. Also called a "liquid asset."

Quiet title action
Legal action taken to eliminate any interest or claim to property by others; the procedure used to perfect title when a quitclaim deed is unobtainable.

Quitclaim deed
A deed relinquishing all interest, title, or claim an owner has in a property. A quitclaim deed implies no warranty.

Equal Housing Lender