Question 14 (2.4 points)

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Veteran Affairs mortgages:

Question 14 options:

	have no insurance fee
	have only monthly insurance premiums
	have both upfront and monthly insurance premiums
	have only upfront insurance fee

Question 15 (2.4 points)

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Private mortgage insurance (PMI):

Question 15 options:

	is often required for conventional mortgages with LTV>80%
	will make monthly payments on behalf of borrowers if they lose their job
	is provided by private insurers on FHA loans
	none of the above