____ insurance is generally required when a borrower makes a minimum down payment.

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Mortgage insurance is typically required when a borrower makes a minimum down payment of less than 20% of the home's purchase price. This insurance protects the lender in case the borrower defaults on the loan. Title insurance is a separate type of insurance that protects against problems with the title to the property. Homeowner's insurance and liability insurance are not typically required by lenders, but are often recommended for homeowners to protect their investment and liability risks.

____ Insurance Is Generally Required When a Borrower Makes a Minimum