(3) Edward bought a house for $400 000 five years ago, and its current market value...
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(3) Edward bought a house for $400 000 five years ago, and its current market value is $500 000. His outstanding mortgage is $150 000. What is the maximum home equity line of credit Edward would qualify for? (3) Edward bought a house for $400 000 five years ago, and its current market value is $500 000. His outstanding mortgage is $150 000. What is the maximum home equity line of credit Edward would qualify for?
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