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Just reading over the site I don't think it that has changed. I think what changed was that banks HAD to get insurance if you had less than 25% down payment...this then changed to 20%.

But from the look of it the bank always had the option to get your loan insured even if you had 25%+ down payment. So lets say someone is a high risk borrower but they happen to have 35% down payment. The bank decides it wants to insure the loan and would have to pay a 0.50% premium.

This is what I'm figuring from the website.
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