Based on the following borrower profile would you approve or…

Based on the following borrower profile would you approve or decline the loan $500,000 home loanMBA degree with job and industry stabilityRecessinary economic conditions730 FICO32%  home debt ratio,; 40% total debt ratio; moderately high liquidity and cash emergency fund  

Analyze/evaluate the following FSR’s to answer questions 1-3…

Analyze/evaluate the following FSR’s to answer questions 1-3 : Net Cash Flow                                           Negative ($500/month)Mortgage Debt Service Ratio                   40% of Gross IncomeTotal Debt Service Payment Ratio           55% of Gross IncomeSavings Ratio                                             1% of Gross IncomeCash Emergency Fund                              1 month of living expenses & debt payments 1. Are there any ratios that need addressing/correcting? 2.  How is this borrower managing their finances? 3. Which 2 financial standing ratios are the most important to correct and why?

REQUIRED: Use your camera/laptop to give a “tour” of your en…

REQUIRED: Use your camera/laptop to give a “tour” of your entire workspace. Not sure what to do here? Go back and review the Honorlock for NUTR& 101 page that you should have read through before attempting this quiz. See instructor example video.      Did you show your entire workspace? [workspace]