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Business, 11.12.2019 07:31 shyannehamilton1183

Suppose you plan to put a 20% down payment on a house and obtain a mortgage loan that is less than the size limit on conforming loans ($417,000) to finance the remainder of the purchase. based on your understanding of the loan-to-value ratio, what is the maximum price that you could pay for a home with these restrictions in mind?
a) $500,400
b) $333,600
c) $521,250
d) $2,085,000

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