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In some cases, the lender will pay for the private mortgageinsurance and charge the borrow

In some cases, the lender will pay for the private mortgageinsurance and charge the borrow

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.

Abhinav 03-Dec-2019

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