You own a home that was recently appraised for $170,000. The balance on your existing mortgage is

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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 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

ISBN: 978-1111929954

12th Edition

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Frank B. Cross

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Posted Date: Oct 09, 2020 05:15 PM

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You own a home that was recently appraised for $170,000. The balance on your existing mortgage is

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Business Law Text and Cases

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