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Author Question: You have a home with a market value of $200,000. Your total equity in the home is $40,000. The ... (Read 140 times)

SAVANNAHHOOPER23

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You have a home with a market value of $200,000. Your total equity in the home is $40,000. The maximum home equity loan available if the bank will loan 80% based on equity invested is


◦ $28,000.
◦ $32,000.
◦ $112,000.
◦ $128,000.


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Marked as best answer by SAVANNAHHOOPER23 on Apr 14, 2019

zoeyesther

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SAVANNAHHOOPER23

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Reply 2 on: Apr 14, 2019
Excellent


dyrone

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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