An insured conventional mortgage is when the borrower gets a conventional loan with LTV that is above 80% and the borrower is required to pay
A) property minimum taxes (PMT)
B) private mortgage insurance (PMI)
C) debt repayment insurance (DRI)
D) mutual mortgage insurance (MMI)
Answer: B) private mortgage insurance (PMI)
Business
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A) cross-departmental B) skill blocks C) job-point accrual D) stair-step
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In a minimum cardinality, minimums are generally stated as ________
A) 0 or 1 B) 1 or N C) M or N D) one or many
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