You work for a lender that requires a 20% 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
Person A: $175,000
Person B: $200,000
Person C: $220,000
Person D: $250,000
income
Person A: $51,000
Person B: $58,000
Person C: $63,000
Person D: $67,000
savings
Person A: $35,000
Person B: $40,000
Person C: $42,000
Person D: $50,000
recurring debt
Person A: $350
Person B: $250
Person C: $200
Person D: $450

a.
Person A
b.
Person B
c.
Person C
d.
Person D