Question

Based on the information listed below, determine the LTV (Loan to value ratio)
ratios
Mortgage 1: $300,000
Mortgage 2 (Home Equity Line of Credit): $20,000 (Credit limit), $7,000 (Draw
amount)
Appraised Value: $350,000
Sales Price: $340,000
Property State: CA
35%
86% 88%
113%

Answer 1

Answer:

I don't know sorry

Explanation:

I hope you are understand that