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

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Q: Percentage of Percentage Appraised Value (in $) First Mortgage Balance of Appraised Value Potential…

A: Percentage  of appraised value in $ = Appraised value × Lenders Percentage

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Q: Calculate the percentage of appraised value and the potential credit available for a second mortgage…

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Q: For the second mortgage application, calculate the percentage of appraised value and the potential…

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Q: Appraised Lender's Percentage of Value Percentage Appraised Value (in $) $125,500 60% LA Balance of…

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