If a borrower makes a 20 percent down payment on a conventional mortgage,she will be required to obtain

Name: If a borrower makes a 20 percent down payment on a conventional mortgage,she will be required to obtain
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A borrower who makes a 20 percent down payment on a conventional mortgage typically does not need to obtain private mortgage insurance (PMI), which is usually required when the down payment is less than 20 percent. Therefore, none of the options listed are required in this scenario.

If a Borrower Makes a 20 Percent Down Payment on a Conventional