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 20 percent down payment on a conventional mortgage typically means the borrower does not need to obtain private mortgage insurance (PMI), which is usually required for down payments less than 20 percent. Therefore, none of the other options are applicable.

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