Most Creditors Require a Borrower to Purchase Mortgage Insurance If

question 64

True/False

Most creditors require a borrower to purchase mortgage insurance if the borrower makes a down payment of at least 20 percent of the purchase price.

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Definitions:

Personality Changes

Alterations in an individual's characteristic patterns of thinking, feeling, and behaving, often due to neurological conditions, life experiences, or psychiatric disorders.

Schizophrenia

A mental disorder characterized by distorted thinking, perceptions, emotions, sense of self, and behavior.

Tardive Dyskinesia

A side effect of some antipsychotic medications, characterized by repetitive, involuntary, purposeless movements.

Neuroleptics

A class of psychotropic drugs used to treat psychosis, particularly in schizophrenia, and are known to have antipsychotic effects.