JSC Federal Credit Union Home Equity Loan Application ...
There may only be one lien on a Homestead, be it a 1st Mortgage or a Home Equity. ... Example: Home with a $100k value, with $50k left of mortgage : 100k x .8 (80%) = 80k – 50k = $30k (available to borrow) Upon request, the Credit Union will provide you a copy of the appraisal used to determine the value of ................
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