Borrowers who have a lower level of income relative to their periodic loan payments are more likely to default on their mortgages.

Name: Borrowers who have a lower level of income relative to their periodic loan payments are more likely to default on their mortgages.
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Borrowers with lower income relative to their loan payments have a higher debt-to-income ratio, making it more challenging to meet financial obligations and increasing the likelihood of defaulting on their mortgages.

Borrowers Who Have a Lower Level of Income Relative to Their