Question: When will a mortgage be considered underwater? A mortgage with a loan - to value ( LTV ) ratio of between 7 5 % -

When will a mortgage be considered underwater?
A mortgage with a loan-to value (LTV) ratio of between 75%-80%
When the mortgage principal is lower than the value of the property
A mortgage with a loan-to-value (LTV) ratio of greater than 100%
None of the above
When will a mortgage be considered underwater? A

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