Good Guy received his home loan for $200,000. Determine which of the following was the mortgage company's most important reason for giving him his loan.

Athe neighborhood in which the home is located.
Bbudget plan of how the payments will be made.
Cthe total value of current assets and all income.
Dthe referral from other clients of the company.

Verified Answer :

The most important factor that a loaning company considers in order to determine who among their potential loaners or debtors should be granted the loan, is his or her capability to pay. With the choices presented above, the answer should be letter C.

Answer:

c

Explanation: