EPISODE · Mar 25, 2026 · 4 MIN
Real Estate Exam [National] 78, Private Mortgage Insurance Explained
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: • How PMI functions as a lender protection tool rather than a borrower benefit. • The specific Loan-to-Value thresholds that trigger the requirement for PMI. • The difference between requesting PMI removal at 80% LTV and automatic termination at 78% LTV. • How to distinguish between Private Mortgage Insurance and FHA Mortgage Insurance Premiums. • A simple mnemonic to remember the legal requirements for PMI termination under the Homeowners Protection Act. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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Real Estate Exam [National] 78, Private Mortgage Insurance Explained
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