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Suppose you are a loan officer at Carbondale Local Bank. Joan Doe listed the following information on her mortgage application: TOS >$100,000 60 SON 35%.

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Suppose you are a loan officer at Carbondale Local Bank. Joan Doe listed the following information on her mortgage application: TOS >$100,000 60 SON 35%. SON 15%-35% 5%-15% Score -10 20 40 Relations with F1 None Checking account Savings account Both Score 10 10 20 Major credit cards None Between 1 and 4 Score 20 10 Age 60 Score 5 25 35 Residence Rent Own with martie Own outlet Score 5 20 50 Length of residence 1 year 1-5 years >5 years Score 0 25 40 Job stability 5 years Score 0 25 50 Credit history No record Hissed a payment in last 5 years Met all payments Score 40 The loan is automatically rejected if the applicant's total score is less than or equal to 120 The loan is automatically approved in 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 s be more Complete this question by entering your answers in the tabs below. Required A Required B Calculate Joan Doe's credit score Credit score answers in the tabs below. Required Required Determine whether or not Joan Doe should be approved for a mortgage from your bank Determine whether or not doan Doe should be approved for a mortgage from your bank

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