Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Which of the following would have a negative impact on determining eligiblity for a home loan? a. Earning extra income b. Moving into a different apartment c. Paying off credit card debt d. Withdrawing money from savings Please select the best answer from the choices provided A B C D.

Sagot :

shubhamchouhanvrVT

The withdrawing money from savings would have a negative impact on determining eligibility for a home loan.

What can create a negative impact on home loans?

If someone is looking for a home loan they should have money in their savings accounts. If they will withdraw the money from the saving accounts then how will they pay back their loans?

So they should not withdraw money and save as much as they can so that they can easily pay back their loans.

Thus withdrawing money from savings would have a negative impact on determining eligibility for a home loan.

To know more about home loans follow

https://brainly.com/question/11686424

Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.