Question: Question Using the Financed Mi method, calculate the correct coverage amount, Mi factor, base loan amount and total loan amount based on the following scen

Question Using the Financed Mi method, calculate the correct coverage amount, Mi factor, base loan amount and total loan amount based on the following scen $195,000 sales price 10% down payment 652 credit score 30-year fixed-rate Agency loan Owner-occupied Choices: 2.30%/$175,500 $179.361 1.50%/5175,500/5178.132 75175,500 15175.000 None of the above

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