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Mortgage Underwriting Review the image below and answer the question that follows. ' Loan 1 - - ication; Bob 8. Jane : Debts . Monthly

Mortgage Underwriting

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Review the image below and answer the question that follows. ' Loan 1 - - ication; Bob 8. Jane : Debts . Monthly Debt Oustanding Balance Subject PITI . 800-00 70,000.00 2nd home _ 675.00 56,975.00 ; Boat installment 230-00 15,270.83 1 375.00 2,400.00 6500 935-73 Monthly 175.00 75.00 3: Enlarge Image What are the qualifying ratios for Bob & Jane's application based upon a total gross monthly income of $5000 and the monthly debts listed in the image in Exhibit E? (refer to Exhibit E) 016/49 016/39 016/35 016/43

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