You will discuss credit from the lenders point of view. What factors do lenders consider when making new real estate loans?

When banks make loans they are taking a risk based on several factors including creditworthiness. You will discuss how banks determine the creditworthiness of borrowers.

Topic: Creditworthiness

Respond to the following questions:

How does the bank determine if a borrower is credit worthy?

Does this analysis guarantee that the borrower will be able to pay off the loan as agreed?

What happens if their credit scores are below $500?$

What alternatives would someone with no credit history have?