Question: Suppose you plan to put a 2 0 % down payment on a house and obtain a mortgage loan that is less than the size
Suppose you plan to put a down payment on a house and obtain a mortgage loan that is less than the size limit on conforming loans eg $ to finance the remainder of the purchase. Based on your understanding of the loantovalue ratio, what is the maximum price that you could pay for a home with these restrictions in mind?
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