An insurance policy that protects the mortgage lender from loss in the event the borrower defaults on the loan; typicall

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answerhappygod
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An insurance policy that protects the mortgage lender from loss in the event the borrower defaults on the loan; typicall

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An insurance policy that protects the mortgage lender from loss in the event the borrower defaults on the loan; typically required by lenders when the down payment is less than 20%.

A. Private mortgage insurance
B. Public mortgage insurance
C. Down payment
D. Loan to value ratio
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