A mortgage applicant who has a monthly gross income of $3,060 applies for a mortgage with a monthly PITI of $765.00. The applicant's other financial obligations total $367.20 per month.

If the lending ratio guidelines are as given in the table below, what type of mortgage, if any, would the applicant qualify for?

7. 1-/2 Points) DETAILS BRECMBC9 14.11. TB.008 MY NOTES ASK YOUR TEACHER A mortgage applicant who hes a monthly gross income of $3,000 apples for a mortgage with a monthly part of 5705.00. The applicant's other financial obligations toto $30.20 per month if the leading ratio guidelines are as given in the table below, what type of mortgage, any, would the applicant quality for? Mortgage Type Housing Expense Ratio Totat Obligations Ratio 29 THA 36 Conventional only Conventionally On and Conventional O None of the above 1 BOLO