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If the borrower can not accomplish that then the lender receives ownership to the title of the property but does not have any obligation to sell the property. The debt ratio is also one of many key determinants to how much a lender is willing to loan and what the monthly mortgage cost needs to be. It is displayed with the understanding that the writer and authors are not engaged in rendering real estate, legal, accounting, tax, or different professional providers and that the writer and authors should not offering such advice on this publication.
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