Question Your borrower is being relocated and needs to close on the purchase of their new home in thirty days. Their spouse will not be moving for another six months. How much income can be used for qualifying if the relocating borrower is earning $120,000 annually and the trailing spouse is earning $43,000 annually? (FHLMC) Choices: $13,583 $10,000 $11,791 $13,500

Question Your borrower is being relocated and needs to close on the purchase of their new home in thirty days. Their spouse will not be moving for another six months. How much income can be used for qualifying if the relocating borrower is earning $120,000 annually and the trailing spouse is earning $43,000 annually? (FHLMC) Choices: $13,583 $10,000 $11,791 $13,500

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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