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You are interested in buying a home for $500,000. You have $50,000 for a down payment. What would the Loan To Value (LTV) be for
You are interested in buying a home for $500,000. You have $50,000 for a down payment. What would the Loan To Value (LTV) be for the mortgage loan?
a. 96.5%
b.100%
c.80%
e. 90%
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