Question $6(1$ point$)$

What is PMI and when do you get it$?$

Private Mortgage Insurance which you get anytime you get a mortgage

Principle Mortgage Interest which you get anytime your downpayment is less than $10\%$

Private Mortgage Ins than $20\%.$

Principle Mortgage Interest which you get anytime your downpayment is less than $20\%$

Principle Mortgage Interest which you get anytime you get a mortgage