The maximum amount that can be borrowed with a home equity loan is
A) 75 to 90 percent of the current market value of the home less the outstanding primary mortgage.
B) 75 to 90 percent of the current market value of the home.
C) 75 to 90 percent of the outstanding primary mortgage.
D) the original mortgage amount less 75-90 percent of the current market value of the home.
Correct Answer:
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