Given a loan applicant's gross monthly income of $2.700. a monthly more payment of $600, monthly car payment of $250, monthly property tax of 10 monthly home insurance of $30, an allowable total debt ratio of 36%, and an allowable mortgage debt ratio of 28%, the applicant would qualify by O the debt coverage ratio only. O the mortgage debt ratio only. O the total debt ratio only. neither the mortgage debt ratio nor the total debt ratio. both the mortgage debt and total debt ratios. Question 31 2pts Assume that an office building has gross annual rental income of $180.000 per year and its operating expenses are $10,000 per month. If the mortgage payment is $4,600 per month, would the property qualify for a mortgage it the bank requires a debt coverage ratio (DCR) of 1.2? O The DCR is not the correct evaluation tool to use in this scenario. We cannot determine if the property would qualify with the information given. O Yes, the property would qualify. No, the property would not qualify. As long as the mortgage payment is positive, a property never qualifies