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Real Estate Practice : Lesson 474
                                                       #474
When a conventional loan is sought by the borrower, private mortgage insurance to protect the loan is usually not required if the loan-to-value ration of the laon is over 95%.
Is this fact true or false ?
Please remember to take your time. The solution is posted below the royalty free wildlife photo.

A. False
If the loan-to-value ration of a loan is more than 80% private mortgage insurance will be required.
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