Private mortgage insurance is a type of insurance typically required for conventional loans when the borrower puts less than 20% down on a home purchase.

निजी बंधक बीमा एक प्रकार का बीमा है जो सामान्यत

English Usage: You need to purchase private mortgage insurance if your down payment is less than 20% of the home's value.

Hindi Usage: यदि आपका डाउन पेमेंट घर के मूल्य का 20% से कम है, तो आपको निजी बंधक बीमा खरीदना होगा।