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Lending institution paid private home mortgage insurance, or LPMI, is similar to BPMI except that it is paid by the lending institution and also constructed right into the rate of interest of the home loan. LPMI is usually a feature of loans that assert not to call for Home loan Insurance policy for high LTV car loans. Borrowers incorrectly believe that private home loan insurance policy makes them unique, but there are no private solutions supplied with this sort of insurance coverage.