Business, 07.07.2020 17:01 genesisprieto11

If the total debt ratio is 36%, and the allowable mortgage debt ratio is 28%, which of the following debt ratios would a loan applicant qualify for if: a. The loan applicant's gross monthly income is $2,500, with a mortgage payment of $600
b. A car payment of $250, and minimum monthly credit card payment of $75

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If the total debt ratio is 36%, and the allowable mortgage debt ratio is 28%, which of the following...

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