3 years ago

Banks use debit-to-income ratios in order to:

SAT

2 answers:

erma4kov [3.2K]3 years ago

7 0

The answer is D. Analyse the value of a borrowers home and cars to be used as collateral for a loan.

Ad libitum [116K]3 years ago

6 0

C. It is a ratio of earnings versus expenses.

The lower your DTI, the better. In most cases, you’ll need a DTI of 50% or less, but the specific requirement depends on the type of mortgage you’re applying for.

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