For Mortgage purposes, the mortgage value of a property is taken as:
1
\(\frac{1}{2}to\;\frac{2}{3}\;of\;the\;capitalized\;value\)
2
\(\frac{1}{3}to\;\frac{3}{4}\;of\;the\;capitalized\;value\)
3
\(\frac{1}{8}to\;\frac{1}{{16}}\;of\;the\;capitalized\;value\)
4
\(\frac{1}{5}to\;\frac{1}{{10}}\;of\;the\;capitalized\;value\)