Newsflash: If I buy a house for $180,000 and it is appraised for 200,000, does that $20,000 extra count toward Mortgage insurance?

If I buy a house for $180,000 and it is appraised for 200,000, does that $20,000 extra count toward Mortgage insurance?

Read more at https://www.reddit.com/r/RealEstate/comments/765ddi/if_i_buy_a_house_for_180000_and_it_is_appraised/?utm_source=ifttt

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