D.E. HOLBROOK, JR., P.J.
In this case we must make the difficult choice of allocating a loss between an innocent party and a party who made an innocent mistake.
There is no dispute about the basic facts. Defendants approached the plaintiff savings and loan institution about obtaining a residential mortgage loan of $34,500. Plaintiff's representative told defendants that to repay a 25-year mortgage loan at a 9% interest rate the monthly payment would be $251...
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