MBA CRU Practice Questions - Certified Residential Underwriter Exam

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For a self-employed borrower with Schedule C net profit of $84,000 in 2024 and $96,000 in 2023, the qualifying monthly income (assuming both years acceptable) is approximately:

$$7,500 $$8,000 $$7,000 $$10,000

Correct Answer:

$$7,500

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