90 Which of the following types of income are considered as qualifying when applying for a mortgage loan? A) Reimbursed expenses B) Net rental income C) Family gifts D) Federal tax refund

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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90 Which of the following types of income are
considered as qualifying when applying for a
mortgage loan?
A) Reimbursed expenses
B) Net rental income
C) Family gifts
D) Federal tax refund
Transcribed Image Text:90 Which of the following types of income are considered as qualifying when applying for a mortgage loan? A) Reimbursed expenses B) Net rental income C) Family gifts D) Federal tax refund
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