Business, 21.04.2020 18:30 nickkungu92

Suppose that a borrower wants to qualify for a conforming loan (total debt service ratio of 36%) with a monthly PITI payment of $600. She has $300 in other long-term obligations. What is the minimum gross monthly income she must make in order to qualify for this loan?

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Suppose that a borrower wants to qualify for a conforming loan (total debt service ratio of 36%) wit...