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For the following second mortgage application, calculate the percentage of appraised value and the potential credit: Appraised Lender's Percentage of Balance of First Potential Value

For the following second mortgage application, calculate the percentage of appraised value and the potential credit:

Appraised Lender's Percentage of Balance of First Potential Value 215,300 Percentage75% Appraised Value Mortgage 116,900$ Credit

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