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Over the past 10 years you have paid your mortgage principal down from $250 000 to $203 000 and your house has a market
Over the past 10 years you have paid your mortgage principal down from $250 000 to $203 000 and your house has a market value went from $330 000 to $310 000. Approximately how much of a home equity line of credit could you receive if you applied now? A. $45 000. B. $61 000. C. $27 000. D. $85 600.
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