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You own a home that was recently appraised for $170,000. The balance on your existing mortgage is $107,100. If your bank is willing to loan
You own a home that was recently appraised for $170,000. The balance on your existing mortgage is $107,100. If your bank is willing to loan up to 60% of the appraised value, what is the potential amount of credit available on a home equity loan?
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Business Law Text and Cases
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Frank B. Cross
12th Edition
978-053847082, 1285834623, 9780538470810, 0538470828, 9781285834627, 053847081X , 978-1111929954
