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Business, 12.02.2020 05:38 1deanxcas1

A borrower has applied for a refinance on her property valued at $235,000. She currently has a HELOC with a $47,000 limit and currently owes $25,850. The borrower has applied for a first mortgage of $164,500. Which of the following LTV, CLTV, and HLTV are accurate based on this information?

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A borrower has applied for a refinance on her property valued at $235,000. She currently has a HELOC...

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