Question: You are planning on starting your own business in 18 months and you intend to purchase a new home. You have looked carefully at your

You are planning on starting your own business in 18 months and you intend to purchase a new home. You have looked carefully at your budget and have determined that you can afford a PITI of $900 per month. Your banker has told you that you can easily qualify for a PITI of $1,150 per month. Which of the following is the most reasonable explanation for this discrepancy?

		a. Your banker knows you really would be happier in a more expensive house.
		b. Your banker is not aware of your other long-term financial goals.
		c. Your banker's number is more accurate than your number.
		d. None of these is a reasonable explanation.

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