Question: What is the maximum amount a lender would lend on a house valued at $160,000 if an 85 percent loan-to-value ratio were required? $108,800 $128,000

What is the maximum amount a lender would lend on a house valued at $160,000 if an 85 percent loan-to-value ratio were required?

$108,800

$128,000

$160,000

$136,000

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