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
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “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 ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The stem-and-leaf plot shows kilometers walked by participants in a charity benefit walk. Use it to answer the questions. a. Describe how to find the range of the data set. b. Find the range.
Answers (1)
3.8 divided by 15.96 step by step
Answers (1)
Write an equation in slope intercept form of the line - 2 and y intercept 3
Answers (1)
Select true or false to tell whether the following disjunction is true or false. Use the truth table if needed. January is the first month of the year or December is the last month.
Answers (2)
Sistema de ecuación de eliminación {x+y=10 {x+y=15
Answers (1)
New Questions in Mathematics
Simplify the expression. 7 ⋅ [24: (12-4) ]-3 Enter your answers in the boxes. 7 ⋅ [24: (12-4) ]-3 = 7 ⋅ [24: ]-3 =7⋅ -3 = -3 =
Answers (1)
On Thursday, a restaurant serves iced tea to 35 of it's 140 customers. What percent of the customers order iced tea?
Answers (1)
Which expression is equal to (10x7) x8
Answers (1)
7/8 of a birthday cake was left over from a party. The next day, it is shared among 4 people. How big a piece of the original cake did each person get?
Answers (2)
Y varies directly with x2 and y = 48 when x = 2. Which is the quadratic variation equation for the relationship? Option A: y = ¼x2 Option B: y = 12x2 Option C: y = 4x Option D: y = x2 + 25
Answers (1)