contestada

The most Ellsworth can afford to pay per year in mortgage payments is $14,000, and his credit score is currently 498. According to the following table for a $150,000 mortgage, by how many points would he need to improve his credit score in order to take a mortgage for $150,000?

A.
122 points

B.
2 points

C.
62 points

D.
177 points

The most Ellsworth can afford to pay per year in mortgage payments is 14000 and his credit score is currently 498 According to the following table for a 150000 class=

Respuesta :

Answer: c 62 points

Explanation:

apex

62 points, he would need to improve his credit score in order to take a mortgage for $150,000.

What is mortgage?

It is an agreement between you and a lender that allows you to borrow money to purchase or refinance a home and gives the lender the right to take your property if you fail to repay the money you've borrowed. A mortgage is a type of loan that's used to finance property. A mortgage is a type of loan, but not all loans are mortgages. Mortgages are “secured” loans.

Therefore, (C) option is the correct answer.

To learn more about mortgage, refer here :

https://brainly.com/question/1318711

#SPJ2