A Loan Based on the Difference Between the Appraised Value

question 79

Short Answer

A loan based on the difference between the appraised value of your house and the balance due on your mortgage is called a(n) ________ loan.

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Definitions:

Depth Perception

The ability of the visual system to interpret distance or depth of objects in one's field of view.

Innate

An inherent quality or ability that one is born with, not acquired or learned.

Retinal Disparity

This term refers to the slight difference in the visual images that each eye perceives due to the eyes’ horizontal separation. It is a critical binocular cue that allows for depth perception.

Different Images

Visual or mental representations that are not identical, highlighting diverse perceptions or interpretations.