urgent neend

Question 24 (1 point) Which of the following statements regarding the five Cs of credit (as discussed in residential underwriting) is FALSE? "Capacity" is the additional security for the loan in case the borrower is unable to repay it. "Character" is based on the individual's educational background, business experience, length of time at current residence, and current employment situation. "Credit" refers to the borrower's credit/repayment history "Capital" refers to the amount of money that the borrower will personally invest in the property