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Which the two ratios most commonly used by mortgage lender

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Reference no: EM133000656

Problem 1: The two ratios most commonly used by mortgage lenders to evaluate the ability to pay a mortgage loan are the

Option 1: Current ratio and mortgage debt service ratio.

Option 2: Total debt service ratio and total credit utilization ratio.

Option 3: Mortgage debt service ratio and debt payment ratio.

Option 4: Current ratio and debt payment ratio.

Reference no: EM133000656

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