Bessie has an annual salary of $51,360. Each month she has a car payment of $210 and a student loan of$50. If she applies for a home loan, how likely is it Bessie will be approved based on her debt-to-income

asked May 3, 2018 9.3k views

0 votes

8.5k points

Please log in or register to add a comment.

4 votes

Every month she makes 4280 usd. $51,360/12 months...she pays her debt ($260) a month.....she will be approved. 1:16 Ratio

Jan Schmitz answered May 4, 2018

7.8k points

1 vote

a. very likely

good luck!

Billbris answered May 9, 2018

8.3k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers