A borrower earns $$11,000$ gross income per month and has $$600$ in long term monthly debts. The lenders maximum qualifying ratios are front end $-28\%$ and back end $-36\%.$

Assuming good credit, what is the maximum monthly housing payment $($PITI$)$ this borrower is qualified to pay?

What if the front end ratio was $47\%$ and the back end ratio was $56\%,$ but the home has a $$350/$mo HOA? Now how much PITI can the borrower qualify for?

Do you have any interest in becoming a loan broker? Why or why not?