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    Exam 5: Making Automobile and Housing Decisions
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    A Lender Will Usually Require a Loan-To-Value Ratio of ____
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A Lender Will Usually Require a Loan-To-Value Ratio of ____

Question 102

Question 102

Multiple Choice

A lender will usually require a loan-to-value ratio of ____ or less for you to avoid having to pay private mortgage insurance (PMI) .


A) 75%
B) 80%
C) 85%
D) 90%
E) 95%

Correct Answer:

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