Many Lenders Use the 28/36 Rule in Evaluating Mortgage Applications

question 63

Multiple Choice

Many lenders use the 28/36 rule in evaluating mortgage applications.If your mortgage payment itself is 28% of your gross income,that means that the remainder of your monthly debt must be ________% or less.

• A)6
• B)7
• C)8
• D)28
• E)36

Understand the principle of shaping and how it is applied in learning new behaviors.

Identify and describe the components of a response class.

Comprehend the concept of deprivation and its role in conditioning.

Define and recognize stimulus control and its importance in behavior modification.

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Definitions:

Western Worldview

A perspective largely shaped by European intellectual traditions, emphasizing individualism, analytic thinking, and empirical evidence.

Hispanic Patients

Refers to individuals of Hispanic or Latino origin seeking healthcare services, highlighting the importance of culturally sensitive approaches in medical and psychological care.

Culturally Diverse

Referring to the inclusion or representation of different ethnic, racial, gender, or socioeconomic groups within a society or organization.

Asian American

An individual in the United States who originates from any of the Asian countries or regions, or whose ancestors do.