You are planning on starting your own business in 18 months and you intend to purchase a new home. You have looked carefully at

Question

3 years ago

9

You are planning on starting your own business in 18 months and you intend to purchase a new home. You have looked carefully at

your budget and have determined that you can afford a PITI of $900 per month. Your banker has told you that you can easily qualify for a PITI of $1,150 per month. Which of the following is the most reasonable explanation for this discrepancy?a. Your banker knows you really would be happier in a more expensive house.b. Your banker is not aware of your other long-term financial goals.c. Your banker's number is more accurate than your number.d. None of these is a reasonable explanation.

Business

1 answer:

Leya [2.2K] · Answer 1 · 2021-12-09T05:36:34+03:00

Leya [2.2K]3 years ago

7 0

B. Your banker is not aware of your of your other long term financial goals