Why might you have to pay private mortgage insurance (PMI) ?
A) You had more than three traffic violations in the past year.
B) You put down less than 20% on your home.
C) You live in a high-risk neighborhood.
D) You have a history of defaults.
Correct Answer:
Verified
Q32: Which of the following is not a
Q33: Which is not an advantage of buying
Q34: Which is not a selection criterion when
Q35: A real estate agent works for the
Q36: What is a mortgage?
A)The legal document used
Q38: Which of the following is an advantage
Q39: Which is not an advantage of renting?
A)Someone
Q40: What does LTV stand for when buying
Q41: Which of the following is not true
Q42: What does HELOC stand for?
A)Health expense license
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