1. d. Life insurance is not required to own a home although it might be good to have.

2. e. All of the above.

3. e. All of the above.

4. d. Making the seller pay for your last month's rent is not normally a closing cost.

5. e. All of the above.

6. True.

7. True.

8. False. Homeowners insurance quotes can vary by hundreds of dollars.

9. False. PMI protects the lender in case you default on your loan payments.

10. True.