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Over the Past 10 Years You Have Paid Your Mortgage

Question 38

Multiple Choice

Over the past 10 years you have paid your mortgage principal down from $250000 to $203000 and your house has a market value went from $330000 to $310000 .Approximately how much of a home equity line of credit could you receive if you applied now?


A) $61 000.
B) $45 000.
C) $85 600.
D) $27 000.

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