Mathematics, 04.02.2021 17:00 am2334
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 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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