Question
Your clients are purchasing a new home that was appraised for $820,000. Their TDSR and GDSR are within the required limits and the home meets
Your clients are purchasing a new home that was appraised for $820,000. Their TDSR and GDSR are within the required limits and the home meets all required qualifications. What is the maximum "high ratio" mortgage they could obtain on the property?
Question 26 options:
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$738,000
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$763,000
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$656,000
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$779,000
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Financial Management Principles And Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
13th Global Edition
1292222182, 978-1292222189
