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8 Cards in this Set
- Front
- Back
1
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Consumers current or reasonably expected income
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2
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Current employment status
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3
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Monthly payment on the loan . Balloon loans- have to consider the maximum payment for 5 yrs . Interest only loans- consider the max interest rate .A Neg Am loan- consider the max interest rate, and monthly payments of principal and interest that will repay the loan |
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4
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Consumers monthly payment ton any simultaneous loan that the creditor know or has reasons to know will be made
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5
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The consumers monthly payment for any mortgage related obligations
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6
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The consumers current debt obligations, alimony, child support, and income
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7
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consumers DTI or residual income
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8
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The consumers credit history
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