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Loan provider paid exclusive mortgage insurance coverage, or LPMI, resembles BPMI other than that it is paid by the loan provider as well as built right into the interest rate of the home loan. LPMI is typically a function of financings that claim not to call for Home loan Insurance coverage for high LTV finances. Customers mistakenly think that personal mortgage insurance coverage makes them special, however there are no private solutions supplied with this kind of insurance.