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For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $). Appraised Value Lender's Percentage Percentage of Appraised Value

For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $).

Appraised Value Lender's Percentage Percentage of Appraised Value (in $) Balance of First Mortgage Potential Credit (in $)
$328,900 75% $ $199,500 $

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