The amount of mortgage a person is eligible for would be increased by:

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Decreasing the interest rate would lower the monthly payment for the mortgage, making it more affordable for the borrower. This would, in turn, increase the amount the borrower is eligible for based on their income and debt-to-income ratio. The other options listed, such as decreasing the value of the collateral, lowering the down payment, increasing other debt obligations, or lowering the family's income, would all decrease the amount the borrower is eligible for.

The Amount of Mortgage a Person Is Eligible for Would