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You do not pick the home loan insurance provider as well as you can't negotiate the premiums. To put it simply, when purchasing or re-financing a house with a standard home mortgage, if the loan-to-value (LTV) is higher than 80% (or equivalently, the equity setting is less than 20%), the customer will likely be called for to bring exclusive home loan insurance policy. It seems unAmerican, yet that's what happens when you obtain a mortgage that exceeds 80 percent loan-to-value (LTV).