If the Maximum Loan-To-Value Ratio That a Lender Will Accept

question 3

Multiple Choice

If the maximum loan-to-value ratio that a lender will accept on a house costing $100,000 is 80%, then the borrower must make a down payment of at least:

• A) $100,000.
• B) $80,000.
• C) $180,000.
• D) $20,000.
• E) $120,000.

---

Definitions:

Drugs And Alcohol

Substances that affect the mind and body, often used recreationally or medicinally but can lead to dependency and adverse effects.

Gender Stereotyping

Involves oversimplified and generalized beliefs about the characteristics, attributes, and behaviors of individuals based solely on their gender.

Gender-Role Transcendence

The concept that individuals should be perceived based on their competencies and not judged or limited by traditional gender roles.

Bem Sex-Role Inventory

A psychological test that measures an individual's identification with traditionally masculine or feminine qualities.