Question: Qualifying the Buyer Front End / Back End Ratios Text pages to help with this discussion: Pages 269 - 273. Based on the following information,

Qualifying the Buyer Front End / Back End Ratios Text pages to help with this discussion: Pages 269 - 273. Based on the following information, answer all three questions in ONE post. You gross $10,000 per month. Your monthly debts are a $500 car payment and $1,000 in credit card payments. You apply for a home loan with a PITI monthly payment of $2,000. 1. What is the front-end ratio? 2. What is the back-end ratio? 3. In your own words, describe "qualifying ratios

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