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If clients want to buy a specific home but fall short of the 25-28% / 33-36% ratios, will they automatically be disqualified from the
If clients want to buy a specific home but fall short of the 25-28% / 33-36% ratios, will they automatically be disqualified from the purchase? OA) No. B) Yes, FDIC bank rules will prohibit the purchase. OC) Yes, federal law will prohibit the purchase. OD) Yes, Fannie Mae and Freddie Mac will bar the purchase.
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