Which of the Below Statements Is TRUE

Multiple Choice

Which of the below statements is TRUE?

A) The two primary quantitative underwriting standards are (1) the payment-to-income ratio (PTI) , and (2) the loan-to-value ratio (LTV) .
B) The loan-to-value ratio (LTV) is the ratio of monthly payments to monthly income, which measures the ability of the applicant to make monthly payments (both mortgage and real estate tax payments) .
C) The lower the loan-to-value ratio (LTV) , the greater the likelihood that the applicant will be able to meet the required payments.
D) All of these