for which buyer would a lender most likely approve a $200,000 mortgage?\n○ a person with a credit score of…

for which buyer would a lender most likely approve a $200,000 mortgage?\n○ a person with a credit score of 800 with a large amount of debt who has recently switched to a lower - paying job\n○ a person with a credit score of 760 with a small amount of debt who has had steady employment for many years\n○ a person with a credit score of 650 with a large amount of available credit who has a low - paying, but steady job\n○ a person with a credit score of 600 with a small amount of available credit who has recently switched to a high - paying job

for which buyer would a lender most likely approve a $200,000 mortgage?\n○ a person with a credit score of 800 with a large amount of debt who has recently switched to a lower - paying job\n○ a person with a credit score of 760 with a small amount of debt who has had steady employment for many years\n○ a person with a credit score of 650 with a large amount of available credit who has a low - paying, but steady job\n○ a person with a credit score of 600 with a small amount of available credit who has recently switched to a high - paying job

Answer

Brief Explanations:

Lenders consider credit - score, debt - to - income ratio, and job stability. A high credit score indicates good creditworthiness. Low debt and long - term steady employment are also favorable. The first option has high debt and a recent job change to a lower - paying job. The third option has a relatively low credit score. The fourth option has a low credit score and a recent job change. The second option has a high credit score, low debt, and long - term steady employment.

Answer:

a person with a credit score of 760 with a small amount of debt who has had steady employment for many years