9. Regarding mortgage insurance, which of the following statements is true? A. PMI insures only the top

Question:

9. Regarding mortgage insurance, which of the following statements is true?

A. PMI insures only the top 20 or 25 percent of the loan.

B. FHA insures the entire loan.

C. Both A and B.

D. Neither A nor B.

regarding the Rural Housing Services Administration is correct?

A. It guarantees loans on farms and rural homes.

B. It makes loans on farms and rural homes.

C. Both A and B.

D. Neither A nor B.

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