Applicants for Rural Development Section 502 Loans must meet certain income requirements based on AMI. What is AMI?
a) Average Mortgage Interest
b) Adjustable Mortgage Index
c) Average Median Income
d) Annual Mortgage InsuranceApplicants for Rural Development Section 502 Loans must meet certain income requirements based on AMI. What is AMI?
a) Average Mortgage Interest
b) Adjustable Mortgage Index
c) Average Median Income
d) Annual Mortgage Insurance
