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3. Explain what a loan-to-value ratio is? If the maximum loan-to-value ratio that a lender will accept on a $100,000 home is 80 percent, what

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3. Explain what a loan-to-value ratio is? If the maximum loan-to-value ratio that a lender will accept on a $100,000 home is 80 percent, what is the minimum down payment the borrower must make

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