Which of the following transactions has the highest loan-to-value ration (LTV)?
A $70,000 down; $80,000 loan.
B. $20,000 down; $60,000 loan.
C. $10,000 down; $90.000 loan.
D. $15,000 down; $85,000 loan.
Answer: C. $10,000 down; $90.000 loan.
Business
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