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Harry purchased his condo for $360,000 and now the appraised value is $370,000. His outstanding mortgage is $221,000. What is the maximum home equity line
Harry purchased his condo for $360,000 and now the appraised value is $370,000. His outstanding mortgage is $221,000. What is the maximum home equity line of credit Harry would qualify for? A. $134,000 B. $75,000 C. $115,200 D. $67,000
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