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re: How exactly does equity work?
Posted on 2/22/13 at 7:28 am to RandySavage
Posted on 2/22/13 at 7:28 am to RandySavage
if you're wanting to borrow against your equity, lenders will give you around 80%.
You take 80% times your home value subtract how much you owe. the result is how much they are willing to lend.
You take 80% times your home value subtract how much you owe. the result is how much they are willing to lend.
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