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Long-term mortgages, economically inexperienced borrowers. Purchasers purchasing high-end residential or commercial properties; customers setting up less than 20 percent down who want to avoid paying for home mortgage insurance. Homebuyers able to make 20 percent down payment; those who prepare for increasing house values will allow them to cancel PMI in a couple of years. Customers who require to obtain a lump sum money for a particular function.
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