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Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322 Exercise 15
For all except very high loan-to-value conventional home loans, the standard payment ratios for underwriting are:
A) 28 percent and 36 percent.
B) 25 percent and 33 percent.
C) 29 percent and 41 percent.
D) 33 percent and 56 percent.
A) 28 percent and 36 percent.
B) 25 percent and 33 percent.
C) 29 percent and 41 percent.
D) 33 percent and 56 percent.
Explanation
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The correct response is option A. 28 per...
Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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