Question A client has approached a mortgage agent purchase a new home. because of lo for high ration mortgage to legistative changes made to the qualification ratio the client believes he doesn't have enough mcome to qualify, even though he does earn enough to afford the real mortgege payment. He is asking the agent to use a stated income progrcamme so that he cas state he earns more income than he actually does stated income programme typically allow an applicant to state his meome if he earns income that he cannot prove. Given this scenario which of the following statement correct a) What the borrower would be stating would not be true so this is not acceptable b) Stated income programme alow borrower to state their income 80 this is acaptable c) He earns enough income to afford the real mortgage paymest so this is acceptable d) the client a not the mortgage agent would be stating the income