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A few years ago, Maria Ramundo purchased a home for $426,000. Today, the home is worth $639,000. Her remaining mortgage balance is $287,550. What is
A few years ago, Maria Ramundo purchased a home for $426,000. Today, the home is worth $639,000. Her remaining mortgage balance is $287,550. What is the maximum HELOC (home equity line of credit) she can borrow assuming the maximum HELOC to home value to be 80%? (Omit "$" sign in your response.) Maximum HELOC
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