. Sprint 10:58 AM 1 98% Done Doc3.docx sar The only rechercher 120 They score r 190 Ascore 120 and i s reviewed by a comfort e. Calculate Joan Doe's credit score b. Determine whether or not Joan Doe should be approved for a mortgage from your bank Complete this question by entering your answers in the tabs below Required A Required Calculate Den Doe's credit score Creditore Red B Suppose you are a loan officer at Carbondale Local Bank. Joan Doelsted the following information on her mortgage application and cross In Relations with FI Residence Length of residence Characteristic Characteristic values and weights 525, 00-550. Sle, 525, Relations with FI Checking account Savings account major credit cards Between 1 and 4 Own with sortage Own outright Length of residence a year >5 years ostaty 1-5 years >5 years Credit histor Nerecord Missed a payment in last 5 years Hot all payments The loan is outomaticaly elected if the applicants total score is less than or equal to 120 The loan is automatically approved the total score is greater than or equal to 190. A score between 120 and 190 noninclusive) is reviewed by a loan committee for a final decision a. Calculate Joan Doe's credit score b. Determine whether or not Joan Doe should be approved for a mortgage from your bank. a. Calculate Joan Doe's credit score b. Determine whether or not Joan Doe should be approved for a mortgage from your bank. Complete this question by entering your answers in the tabs below. Required A Required B Calculate Joan Doe's credit score. Credit score Required B > Required A Required B Determine whether or not Joan Doe should be approved for a mortgage from your bank. Determine whether or not Joan Doe should be approved for a mortgage from your bank (Required A Suppose you are a loan officer at Carbondale Local Bank. Joan Doe listed the following information on her mortgage application: Characteristic Annual gross income Value $20, ese 12% Checking account Relations with Major credit cards Residence Length of residence Job stability Credit history Rent 3.5 years 2.5 years Missed 2 payments Characteristic Annual gross income Score Characteristic values and weights $10,000-$25.000 $25,000-sse,000 100. > 351-5 151-355 51-15 Score Relations with FI Checking account Savings account Both Major credit cards Score None Between 1 and 4 S or more Age Score Residence Score Own with mortgage Own outright Length of residence d year 1-5 years >5 years 5 years Credit history Score No record Missed a payment in last 5 years Met all payments - 15 The loan is automatically rejected if the applicant's total score is less than or equal to 120. The loan is automatically approved if the total score is greater than or equal to 190. A score between 120 and 190 (noninclusive) is reviewed by a loan committee for a final decision a. Calculate Joan Doe's credit score. b. Determine whether or not Joan Doe should be approved for a mortgage from your bank. Complete this question by entering your answers in the tabs below. Required A Required B Calculate Joan Doe's credit score. Credit score Required A Required B > Required A Required B Determine whether or not Joan Doe should be approved for a mortgage from your bank. Determine whether or not Joan Doe should be approved for a mortgage from your bank (Required A