Mathematics, 02.12.2020 06:30 451jonmcco
Mary wants an FHA loan to buy a house. She would have these monthly expenses:
$ 800.65 Housing Expense (from scenario #1)
$ 192.65 Auto Payment
+$ 40.00 Revolving Credit Account
$1,033.30 Total Debt
Based on her debt, what should Mary’s required stable monthly gross income be in order to qualify for this loan using the debt-to-income ratio?
Answers: 3
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Mary wants an FHA loan to buy a house. She would have these monthly expenses:
$ 800.65 Housing Expe...
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