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is an affordability measure used to determine qualification for mortgage default insurance. It takes the monthly housing costs such as property tax as a
is an affordability measure used to determine qualification for mortgage default insurance. It takes the monthly housing costs such as property tax as a percentage of the gross household monthly income, and to qualify, this measure must be no more than A) Total debt service; 35% B) Variable equity mortgage ratio; 25% C) Total debt service; 25% D) Gross debt service; 25% E) Gross debt service; 35%
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