asked 162k views
4 votes
Because many mortgage loans are sold in the secondary market, lenders use _____________ guidelines that are based on what secondary market participants are willing to buy.

asked
User Salmon
by
8.0k points

1 Answer

6 votes

Answer:

The answer is income ratio

Explanation: Hope this helps:)

answered
User Joel Harkes
by
8.2k points
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