Mathematics, 15.12.2020 04:30 ronaldo22
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
(Step-by-step if possible please)
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You work for a lender that requires a 15% down payment and uses the standard debt-to-income ratio to...
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