Which of the following is not a one-time fee connected with purchasing a house?
A)Down payment
B)Private mortgage insurance
C)Closing costs
D)Points
E)Origination fee

Question

Quizplus · Accepted Answer

Private mortgage insurance is not a one-time fee, but rather a monthly or annual fee that is assessed until the borrower reaches a certain level of equity in the home. The other options listed are all one-time fees associated with purchasing a house.

Which of the Following Is Not a One-Time Fee Connected