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Need help with both please [0/2 Points] BRECMBC9 14.II.006. For the second mortgage application, calculate the percentage of appraised value and the potential credit (in
Need help with both please
[0/2 Points] BRECMBC9 14.II.006. For the second mortgage application, calculate the percentage of appraised value and the potential credit (in \$). [-/1Points]BRECMBC914.ll.007.MI. You own a home that was recently appraised for $330,000. The balance on your existing mortgage is $129,450. If your bank is willing to loan up to 70% of the appraised value, what is the potential amount (in \$) of credit available on a home equity loan? $Step by Step Solution
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