Finance
A Wisconsin buyer obtains an FHA loan. The maximum loan-to-value ratio with a minimum down payment is:
A90%
B95%
C96.5%✓ Correct
D100%
Explanation
FHA loans require a minimum 3.5% down payment, resulting in a maximum LTV of 96.5% (100% − 3.5%). This applies in Wisconsin as in all states.
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