What is the front-end and back-end ratio


Problem

a) Select at least three of the types of loan disclosures, what is the purpose and who do they protect?

b) What is the front-end and back-end ratio? How do you calculate theses ratios? What are they used for and why are they important to a mortgage broker?

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Macroeconomics: What is the front-end and back-end ratio
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