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Question 11 Which of the following is FALSE? Mortgage Insurance: a. Protects the lender. b. Is required for LVRs in excess of 80%. c. Is

Question 11

  1. Which of the following is FALSE? Mortgage Insurance:

    a.

    Protects the lender.
    b.

    Is required for LVRs in excess of 80%.
    c.

    Is only available for residential lending.
    d.

    Makes your repayments for you if you lose your job.

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