If You Made a Down Payment of $11,000 on a $110,000

question 63

Multiple Choice

If you made a down payment of $11,000 on a $110,000 house,the lender no doubt will require ____ as a result of the size of the down payment.

• A) closing points
• B) a bond
• C) mortgage insurance
• D) application fees
• E) homeowner's insurance

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