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Which of these statements is NOT true about FHA loans? A. The borrower must pay an insurance premium based on the entire purchase amount. 3.

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Which of these statements is NOT true about FHA loans? A. The borrower must pay an insurance premium based on the entire purchase amount. 3. The borrower must pay an insurance premium based on the loan amount. C. FHA sets a limit on the loan-to-value ratio. D. There is a maximum loan amount for a FHA loan

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