For which buyer would a lender most likely approve a $200,000 mortgage? a person with a credit score of 800 with a large amount of debt who has recently switched to a lower-paying job a person with a credit score of 760 with a small amount of debt who has had steady employment for many years a person with a credit score of 650 with a large amount of available credit who has a low-paying, but steady job a person with a credit score of 600 with a small amount of available credit who has recently switched to a high-paying job

The correct answer is B). A person with a credit score of 760 with a small amount of debt who has had steady employment for many years.

You use a mortgage when someone wants to raise funds to buy real state property. The other case is when property owners want to raise funds putting a lien on the property.

Any person can lend money to get additional home-financing from three sources: direct lenders, mortgage brokers. Homebuilders, and real state agencies.  

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explanation: what are local authorities doing to fix the problem