Finance
A Connecticut borrower's 'creditworthiness' is evaluated by a lender based on:
AOnly the credit score
BThe four Cs: credit, capacity (income/DTI), capital (assets/down payment), and collateral (property)✓ Correct
CEmployment history only
DOnly the property's value
Explanation
Mortgage underwriters evaluate borrowers using the 4 Cs: Credit (credit score and history), Capacity (ability to repay—income and DTI), Capital (assets and savings), and Collateral (property appraisal and LTV).
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