Margo, age 59, wants to get a mortgage loan from the bank to purchase a new home in St. Augustine, Florida. She has a very successful business that she manages online from home and currently lives in a condo in Scottsdale, Arizona. Her income is currently $130,000 dollars a year. Since she needs to help her mother, who currently rents a home in St. Augustine, Florida, she is planning a move there in the next 2 months. She has lived in her condominium for 10 years and has a remaining mortgage balance of $150,000. Over the last 3 years, she has seen the value of her condominium go from her purchase price of $300,000 to be worth $360,000 today. The equity in her current home minus closing costs (estimated to be around $27,000) and moving expenses (estimated to be around $5,000) represent the down payment for her new home in Florida. Since she wants to also move her mother into the prospective home in St. Augustine, she is looking for at least 1,700 square feet of space and at least 3-4 bedrooms and 2.5 baths. In about 5 years, she plans to semi-retire since her savings and investments only total about $300,000. She has a car that she has paid off in the last 5 years, and her FICO score is 700. Determine what property she should purchase if she wants to be fairly near shopping and amenities in St. Augustine, and have enough space while respecting her need to semi-retire in the coming years. You can use a common real estate website to explore options. Describe the property you recommend to the client based on their needs. Explain the type(s) of mortgage(s) the client would quality for. Then recommend which mortgage type the client should apply for based on your calculations of the housing-to-expense ratio and the debt-to-income ratio. . Show your calculations for the housing-to-expense ratio. Show your calculations for the debt-to-income ratio.