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Your friends just told you that they were denied a mortgage by their bank- The loan officer told them that they did not pass the 36 percent rule- They are confused and want you to explain what happened?

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The three main similarities between mortgages and car loans are that both are: Installment loans. Types of secured loan. Have a fixed payment period


Your friends just told you that they were denied a mortgage by their bank- The loan officer told them that they did not pass the 36 percent rule- They are confused and want you to explain what happened?






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