Mathematics, 23.06.2021 23:20 jediDR
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: 1
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