Question: If a borrower makes a 2 0 percent down payment on a conventional mortgage, she will be required to obtain: If a borrower makes a

If a borrower makes a 20 percent down payment on a conventional mortgage, she will be required to obtain:
If a borrower makes a 20 percent down payment on a conventional mortgage, she will be required to obtain:
private mortgage insurance.
VA insurance.
GNMA payment guarantees.
FHA insurance.
None of these choices are correct.

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