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Business, 31.07.2019 17:00 corrineikerd

Rollin and sandra want to buy a home priced at $265,000. they plan to finance this amount less the down payment required. rollin and sandra have a combined annual income of $83,600 and have saved $53,000. they have a recurring debt of $582. use a 20% down payment and the 28/36 ratio to determine if rollin and sandra are eligible for a loan. what would you advise them to do if they are not eligible?

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