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Russ and Lois have a home valued at $100,000 and an outstanding mortgage of $60,000. If their lender is willing to provide a home equity

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Russ and Lois have a home valued at $100,000 and an outstanding mortgage of $60,000. If their lender is willing to provide a home equity loan of up to 75% of market value, how much could they borrow using a home equity loan

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