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What role do professionals in the mortgage industry play in assisting borrowers?

A) Managing stock portfolios
B) Evaluating income for tax purposes
C) Guiding borrowers in mortgage qualification
D) Providing medical advice

1 Answer

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Final answer:

Professionals in the mortgage industry play a crucial role in assisting borrowers by guiding them in mortgage qualification.

Step-by-step explanation:

The professionals in the mortgage industry play a crucial role in assisting borrowers by guiding them in mortgage qualification. They help borrowers understand the requirements and criteria for obtaining a mortgage, provide information on different loan options and terms, and assist with the application process. They evaluate the borrower's financial situation, including their income, credit history, and debt-to-income ratio, to determine their eligibility for a mortgage and to help them secure the best possible loan terms.

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