Question: (LO 8-2; LO 8-4) What is the expected relationship between the following factors and the likelihood of loan acceptance by lender? Factors Associated with Lender

(LO 8-2; LO 8-4) What is the expected relationship between the following factors and the likelihood of loan acceptance by lender?

Factors Associated with Lender Loan Acceptance Amount of requested loan Employment length

Factors Associated with Lender Loan Acceptance Amount of requested loan Employment length Debt-to-income ratio Level of Income Own house (instead of rent) Credit score Positive or Negative Association with Likelihood of Loan Acceptance

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