You work for a lender that requires a 15% 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
$95,000
$107,000
$120,000
$128,000
income
$46,000
$53,000
$58,000
$60,000
savings
$20,000
$13,910
$18,000
$19,200
recurring debt
$310
$198
$265
$400
a. person a
b. person b
c. person c
d. person d