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Because many mortgage loans are sold in the secondary market, lenders use _____________ guidelines that are based on what secondary market participants are willing to buy.
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22 votes
Because many mortgage loans are sold in the secondary market, lenders use _____________ guidelines that are based on what secondary market participants are willing to buy.

User Franco Phong
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29 votes
29 votes

Answer:

The answer is income ratio

Explanation: Hope this helps:)

User Ti Strga
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