Question: Your borrower is being relocated and needs to close on the purchase of their new home in thirty days. Their spouse will not be moving
Your borrower is being relocated and needs to close on the purchase of their new home in thirty days. Their spouse will not be moving for another six months. How much income can be used for qualifying if the relocating borrower is earning $120,000 annually and the trailing spouse is earning $43,000 annually? (FHLMC)
$13,583
$10,000
$11,791
$13,500
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