Mathematics, 03.02.2021 20:50 Aced
You work for a lender that requires a 20% down payment and uses the standard debt-to-Income ratio to
determine a person's eligibility for a home loan. Of the following, choose the person that you would rate the
highest on their eligibility for a home loan?
Person A Person B Person C Person D
home value
$175,000 $200,000 $220,000 $250,000
income
$51,000 $58,000 $63,000 $67,000
savings
$35,000 $40.000 $42.000 $50,000
recurring debt
$350 $250
$200
$450
a Person A
b. Person B
C
Person C
d Person D
Answers: 3
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You work for a lender that requires a 20% down payment and uses the standard debt-to-Income ratio to...
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