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Lenders generally require private mortgage insurance (PMI) for conventional loans over 80 percent of the value of the security property. PMI protects a lender against which of the following? Question 11
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Lenders generally require private mortgage insurance (PMI) for conventional loans over 80 percent of the value of the security property. PMI protects a lender against which of the following?

Question 11 options:
a)
Damage caused to a property during a storm
b)
Stoppage of mortgage payment after the death of the insured borrower
c)
Legal threat to the lender’s mortgage claim
d)
Losses due to default on the loan

User Fitri Halim
by
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1 Answer

6 votes

Answer:losses due to default on the loan

Step-by-step explanation:

User Sdffadsf
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