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Which of the following is NOT a benefit of having a 2 0 % down payment? a . Reduces the amount needed to purchase a
Which of the following is NOT a benefit of having a down payment? a Reduces the amount needed to purchase a home and lowers the monthly mortgage payments. b Shortens the term of the home purchase loan transaction. c Often eliminates the requirement to purthase Private Mortgage insurance PMI d Could help to secure a lower interest rate on the purchase loan transaction.
Which of the following is NOT a benefit of having a down payment?
a Reduces the amount needed to purchase a home and lowers the monthly mortgage payments.
b Shortens the term of the home purchase loan transaction.
c Often eliminates the requirement to purthase Private Mortgage insurance PMI
d Could help to secure a lower interest rate on the purchase loan transaction.
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