Question
You apply for a home-equity loan. You have a first mortgage, with a current balance of $143,200. Based on an appraisal of $270,000 and a
You apply for a home-equity loan. You have a first mortgage, with a current balance of $143,200. Based on an appraisal of $270,000 and a 75% LTV, what is the maximum line of credit you can get?
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Financial Management For Public Health And Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
7th Edition
1071835335, 978-1071835333
