Question # 1

A borrower has a gross monthly income of $5,800. Proposed PITI is $1,600. What is the front-end ratio?

Options:

A.

24%

B.

27%

C.

29%

D.

31%

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Name SAFE Mortgage Loan Originator
Code NMLS
Vendor Finance, Insurance and Real Est
Certification Nationwide Multistate Licensing System (NMLS)

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