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You do not pick the home loan insurance company and you can't bargain the costs. In other words, when re-financing a home or acquiring with a traditional home mortgage, if the loan-to-value (LTV) is greater than 80% (or equivalently, the equity setting is less than 20%), the customer will likely be called for to bring exclusive mortgage insurance policy. It seems unAmerican, however that's what takes place when you get a mortgage that goes beyond 80 percent loan-to-value (LTV).