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You are looking to purchase a property and are in negotiations with the seller and at the same time in discussions with your lender. The
You are looking to purchase a property and are in negotiations with the seller and at the same time in discussions with your lender. The seller is offering the property at a price of 170,000 and you anticipate a full price offer. Your lender will require a 70% loan-to-value (LTV). Given these assumptions, how much will your loan amount be?
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