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Question Using the Financed Mi method, calculate the correct coverage amount, MI factor, base loan amount and total loan amount based on the following scenario

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Question Using the Financed Mi method, calculate the correct coverage amount, MI factor, base loan amount and total loan amount based on the following scenario $195,000 sales price 10% down payment 652 credit score 30-year fixed-rate Agency loan Owner-occupied Choices 2.20 $175.500/5179.361 1505,517550075175,12 525 $175.500/5175.500 None of the above

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