Question: QUESTION 3 25 points Save Answer The client has a home worth $500,000 and owes $300,000 on the mortgage. The bank has offered the client

QUESTION 3 25 points Save Answer The client has a home worth $500,000 and owes $300,000 on the mortgage. The bank has offered the client a HELoan as long as the LTV is 80% or less. Current rates would offer the client a 4% rate on this HELoan. Should they consider doing a debt consolidation by using this HELoan to pay off the $36k in debt that they owe? Why or why not? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Open Sans,sa_ v 10pt V A v . .. P O WORDS POWERED BY TINY

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