What is the maximum heloc

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Question - A few years ago, Maria Ramundo purchased a home for $420,000. Today, the home is worth $630,000. Her remaining mortgage balance is $283,500. What is the maximum HELOC (home equity line of credit) she can borrow assuming the maximum HELOC to home value to be 80%?

Reference no: EM133251888

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What is the maximum heloc : A few years ago, Maria Ramundo purchased a home for $420,000. What is the maximum HELOC she can borrow assuming the maximum HELOC

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