Business
Business, 12.03.2020 03:45, Reggie7079

A borrower earns $8,000/month and makes credit card and car note payments of $900. A conventional lender requires a 30% income ratio. What monthly amount for housing expenses (principle, interest, taxes, insurance) will the lender allow this person to have in order to qualify for a conventional mortgage loan

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A borrower earns $8,000/month and makes credit card and car note payments of $900. A conventional le...

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