Business, 15.10.2019 22:00, bee171

Ahomeowner paid $75,000 for his/her house and after several refinancings now owes $140,000 on the mortgage. the house is currently worth $200,000. a bank will provide home equity loans up to 80% of the value of the house. what is the maximum amount the homeowner could borrow on a home equity loan?

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Ahomeowner paid $75,000 for his/her house and after several refinancings now owes $140,000 on the mo...