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How much of a purchase price can they qualify for? What kind of loan is best for them? FHA, Conventional, VA, Adjustable??

Real estate Use a fictitious buyer, Mr and Mrs Smith who make a combined salary of $150,000 per year. They have 1 car payment of $400 per month and a credit card of $150 per month. They have $40,000 in their savings account. They want to buy a home: How much of a purchase price […]

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