In some cases, the lender will pay for the private mortgageinsurance and charge the borrower a slightly higher rate ofinterest. The main advantage for the borrower in this program isthat the?
A.a. calculation is simpler. B.b. lender buys PMI at a lowerrate. C.c. additional interest charged is tax deductible. D.d.higher interest rate remains for the life of the loan.
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