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If you put a down payment on a house of less than 20% of its value, you typically have to pay____. A. Penalty points B. Higher interest rates C. Mortgage fees D. PMI

If you put a down payment on a house of less than 20% of its value, you typically have to pay____. A. Penalty points B. Higher interest rates C. Mortgage fees D. PMI
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If you put a down payment on a house of less than 20% of its value, you typically have to pay____.

A. Penalty points
B. Higher interest rates
C. Mortgage fees
D. PMI

asked
User Lempkin
by
8.2k points

1 Answer

4 votes
PMI because of your age and or being reckless with buying your house\

answered
User Michael Whatcott
by
7.7k points
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