Dept to income (DTI) is the ratio which refers the percentage of the gross monthly income which is used to pay the monthly dept payment. The percentage a lender generally look for when considering the debt-to-income (DTI) ratio of a loan applicant is less than or equal to 36 percent. Thus option A is the correct option.
<h3>Dept to income ratio</h3>
Dept to income (DTI) is the ratio which refers the percentage of the gross monthly income which is used to pay the monthly dept payment. Dept to income ratio is a measure of financial that compare the amount of dept to the overall income.
A lender generally look some of the following things for when considering the debt-to-income (DTI) ratio of a loan applicant-
- Lender looks for a low dept-to-income because with small dept to income ratio can be successfully mange monthly payments.
- Lender prefer to look a 36 percent or smaller dept-to-income with not more than 28 percent of that dept going towards servicing your mortgage.
- Back end ratio must be no more than 36 percent(including all monthly dept) and front end ratio must be no more than 28 percent.
Hence the percentage a lender generally look for when considering the debt-to-income (DTI) ratio of a loan applicant is less than or equal to 36 percent. Thus option A is the correct option.
Learn more about the dept to income ratio here;
brainly.com/question/16087693
Answer:
uh cuz
Step-by-step explanation:
Answer:
3
Step-by-step explanation:
Answer:
Alyssa=225
Eric=680
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Answer:
y will be in every single quadrant
Step-by-step explanation:
So we have the equation 
first we will have to look at the equation. It says that y is less than or equal to 
since y is less than the only place the shaded area where y can be is under the line that is drawn be the equation. When the equation is graphed the y-intercept will be on positive 1 it since slope is rise over run it will look something like the file attached to this. so under the line you can see every single quadrant so that is why it would be that way
