PITI payments

What kind of loan is best for them? FHA, Conventional, VA, Adjustable? Use the ratios for the front and back end to qualify them for a loan.

Real Estate Use a fictitious buyer, Mr and Mrs Smith who make a combined salary of $150,000 per year. They have 1 car payment of $400 per month and a credit card of $150 per month. They have $40,000 in their savings account. They want to buy a home: How much of a purchase price […]

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