Alyssa wants to buy her first home. She doesn't have the minimum 15% down payment, but her credit is great. It wasn't until she applied for a mortgage that they told her she would have to buy mortgage insurance because she doesn't have that minimum amount. She never even heard of that insurance before. Alyssa must buy what type of product?

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Alyssa must buy mortgage insurance which is a type of insurance that protects the mor... View the full answer