For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $). Appraised Value Lender's Percentage Percentage of Appraised Value (in $) Balance of First Mortgage Potential Credit (in $) $326,700 75% $  $196,500

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For the second mortgage application, calculate the percentage of appraised value and the potential credit (in $).
Appraised
Value
Lender's
Percentage
Percentage of
Appraised Value (in $)
Balance of
First Mortgage
Potential
Credit (in $)
$326,700 75% $196,500
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