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The lender requires a borrower's total debt payment ratio to be 36% or less, and the mortgage debt service ratio to be no more than

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The lender requires a borrower's total debt payment ratio to be 36% or less, and the mortgage debt service ratio to be no more than 28% of gross income. If the Gonzales have PITI payments of $ 2675 per month and $ 625 of additional debt, how much gross income do they need to qualify for the mortgage? $11786 $9167 $9554 $7431

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