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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

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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 (in $) Balance of First Mortgage Potential Credit (in $) $358,900 75% $ $194,500 $

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