Hey friend are you here

For what type of equity loan are you lent a lump sum, which is to be paid within a certain period of time? a. a line of credit b. equity c. a second mortgage d. an amortization

In a column proof the right column states your reasons

Shelly bought a house five years ago for $150,000 and obtained an 80% loan. now the home is worth $140,000 and her loan balance has been reduced by $12,000. what is shelly's current equity?