13. A customer must pay Private Mortgage Insurance (PMID) if his/her down payment 1S: Less than 5%. Less than 50%. b. Less than 20%. d. Any amount. Customers always need PMI. a. C. 14. True or False: All consumers have the right to see a copy of their credit report. a. True b. False 15. All of the following should be considered when calculating a person's debt ratio except a. 1/12 of estimated property tax bil b. Car payments c. Credit card payments d. Grocery bills