1. Jordan purchased her house for $200,000, making a 20% down payment and taking out a mortgage for $160,000. Today the house is worth $300,000 and the mortgage has been paid down to $100,000. If banks will lend up to 75% of the value of the home, less borrowings, what is the maximum Jordan can borrow right now to pay college expenses for her children?

   		$30,000
   		$125,000
   		$150,000
   		$225,000