Compare over 20 mortgage insurance policies in as little as 5 minutes.
With PolicyHub you get to compare over 20 mortgage insurance policy providers in as little as 5 minutes. Save time. Save big. Get started now.
Compare over 20 top providers in Adelanto, CA
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Adelanto, CA policies from all the leading insurers and choose the one that fits your needs.
Locked in rate discount and exclusive deals.
Benefit from exclusive deals offered only to residents of your state, and lock in huge rate discounts.
Customized policies just for you.
Our team tailors policies to your unique needs, meaning optimal coverage at competitive rates.
"I was totally lost trying to find the right mortgage insurance until I found PolicyHub. I was able to work with a licensed agent to compare all my options all at one. I got the perfect plan for me at a cheaper rate than I expected."
Barbara Winters
Policy Holder
ATTN: 2024 rates just released!
Get the latest mortgage insurance rates for 2024 and lock in your policy today! Get started comparing policies today.
Get the perfect plan with the cheapest rates in 3 easy steps.
Done in 3 easy steps
Step 1
Tell us about yourself.
Finding the perfect mortgage insurance policy starts with answering a few questions to help us serve you better.
Step 2
Compare rates & plans with a pro.
Discuss your options with a licensed insurance agent. Compare different plans to find the best policy with the cheapest rates.
Step 3
Lock in cheap rates.
Secure the lowest rates and lock in the perfect mortgage insurance policy for you and your family.
"I lost hope trying to find a mortgage insurance policy that wasn't insanely expensive. Thankfully PolicyHub helped me find the perfect policy that is affordable with high coverage. Thank you!"
Bill Barton
Policy Holder
PolicyHub is the smartest way to protect the people that matter most.
Safeguard Your Family
Mortgage insurance means safeguarding your family in a worst-case scenario. Don't risk it.
Gain Peace of Mind
Far too many Americans are financially blindsided by the death of a loved one. But not your family.
Protect Your Business
Protect your business by ensuring a smooth transition of ownership with the right mortgage insurance.
Beat Estate Taxes
Inheritance or estate taxes is burdensome for your heirs. A mortgage insurance policy can help.
Invest in Your Future
For less than $1 per day, you can make a huge contribution to your family's financial safety.
Build Your Legacy
Through a mortgage insurance policy, you can leave behind a legacy for your loved ones.
Get started in less than 5 minutes.
With PolicyHub getting started is easy. Compare all the rates from all the providers. Get started in under 5 minutes.
All your mortgage insurance needs in one place.
Private Mortgage Insurance (PMI)
PMI is your solution for buying a home with less than 20% down. It protects your lender, but also enables you to own a home sooner with less upfront cash. It's added seamlessly to your monthly mortgage payments.
FHA Mortgage Insurance Premium (MIP)
FHA's MIP is ideal for those with less-than-perfect credit scores. With an upfront premium and a smaller annual premium, MIP makes homeownership more attainable for a broad range of buyers.
USDA Mortgage Insurance
USDA Mortgage Insurance is tailored for rural homebuyers. With a manageable upfront guarantee fee and a low annual fee, it's a cost-effective way to secure your countryside dream home.
VA Funding Fee
The VA Funding Fee, unique to VA home loans, is a one-time fee that helps sustain the VA loan program for future generations of military homeowners. Depending on your service history, you may even be exempt.
"Highly HIGHLY recommend PolicyHub if you need mortage insurance. They saved me sooo much time and money on my policy, it's nuts. Comparing all the providers at once is a game changer."
Chris Stephens
Policy Holder
Introducing PolicyHub Price Match Guarantee
Our priority is to save you money while getting you the right coverage. If you find a lower rate for a similar policy anywhere else, we'll match it! With PolicyHub, you can rest assured knowing you're getting the best price.
Save time and get the best policy with the cheapest rates. Guaranteed.
![]() |
Option 1 | Option 2 | ||
---|---|---|---|---|
100% Digital | ||||
Licensed Agents | ||||
Expert Support | ||||
Get Started in 5 Minutes | ||||
Decades of Experience | ||||
Compare 20+ Providers | ||||
Zero Hidden Costs | ||||
Top Insurance Providers |
"I knew I needed mortgage insurance but I didn't know where to go. I talked with a few other companies but the cost was outrageous. I found PolicyHub and found the perfect plan for me at an affordable cost."
Wendy Smith
Policy Holder
Frequent Questions...
There are a number of mortgage insurance options available in Adelanto, CA. Most commonly, borrowers often choose to purchase private mortgage insurance, which is created by independent insurance companies and pay a one-time premium; or FHA mortgage insurance which is a loan that is backed by the Federal Housing Administration and requires an annual premium. Additionally, a piggyback loan is an option for borrowers who have a high credit score and 20-25 percent equity; or a single-premium mortgage insurance, which is a one-time fee paid upfront at closing.
How can I reduce my Adelanto mortgage insurance policy cost with a larger down payment?
Making a larger down payment on a home can help reduce the overall price of a mortgage and decrease the mortgage insurance cost, especially in areas like Adelanto, CA where housing is particularly expensive. In most cases, the larger the down payment, the lower the monthly mortgage payments and the annual home insurance costs. In Adelanto, this could save a homeowner a significant amount of money on their mortgage insurance and other related expenses associated with homeownership. Additionally, a larger down payment can lower the cost of homeowner's insurance and possibly private mortgage insurance, depending on the specifics of the loan.
What is a private mortgage insurance policy Adelanto?
Private mortgage insurance (PMI) is a type of insurance policy provided by a lender to protect its investment on loans that have less than a 20% down payment. In Adelanto, California, PMI can be beneficial for individuals who don't have the cash to make the large down payment required for a loan. PMI reduces the risk to the lender in the event that the borrower defaults, meaning more borrowers are likely to be approved for the loan.
Who is eligible for FHA mortgage insurance near Adelanto?
In Adelanto, California, anyone who meets the criteria of the Federal Housing Administration (FHA) mortgage program is eligible to benefit from mortgage insurance. Generally, eligible borrowers must have a steady income and a valid Social Security number. Borrowers also must be of legal age to enter into a mortgage in California, 18 in most cases, and have a good credit rating. In order to qualify for the benefits of FHA mortgage insurance, applicants must also be able to make a down payment of at least 3.
Do Adelanto mortgage insurance companies offer USDA insurance?
Located in the high desert of Southern California, Adelanto residents may be familiar with USDA mortgage insurance. Guaranteed by the U.S. Department of Agriculture, this type of mortgage insurance is open to lowto moderate-income households living in rural areas and can be available regardless of credit score or income level. In addition, this insurance can help eligible borrowers obtain a loan even if they lack the cash to make a down payment, which makes it an attractive option for people in Adelanto.
Anyone who is either a current or former member of the U.S. military, a spouse of a service member, or a qualified surviving spouse is eligible to apply for a VA loan in Adelanto, CA. This loan type is offered only to those who have served dedicatedly in the service and have earned their benefits, as well as their spouses. Additionally, those who have previously taken out a VA loan may also be eligible to apply for a new loan in Adelanto.
How much is mortgage insurance in Adelanto?
The cost of mortgage insurance in Adelanto, CA depends on several factors, including the total loan amount, the type and term of your mortgage loan, and the value of the home you are purchasing. As a general guideline, the cost of mortgage insurance can range from 0.3%-1.5% of your total loan amount. It's important to remember that mortgage insurance helps to protect lenders from financial losses in case of default and is typically required if the buyer has a down payment of less than 20%.
What process do I need to follow to cancel my Adelanto mortgage insurance policy?
If you live in Adelanto, CA and are looking to cancel your mortgage insurance, the best course of action is to contact your mortgage lender and inquire about their specific cancellation process. Typically, you need to prove that the remaining loan balance is below the original loan amount and sometimes you need to show that you’ve received some form of equity in the property. If this is not the case, you might need to provide certification of homeowners insurance or contact a local housing counselor for additional advice.
Can my Adelanto mortgage insurance company help me calculate my mortgage insurance cost?
Yes, your lender can help you calculate your mortgage insurance in the Adelanto, CA area. Depending on the type of loan you have, many lenders can quickly provide you with an estimate of your mortgage insurance. For example, if you are buying a home with a conventional loan, mortgage insurance may be required depending on the loan terms and size of your down payment. If you are using a FHA loan, you will need to factor in the upfront mortgage insurance premiums as well as any monthly premiums associated with the loan.
What happens if I don't use mortgage insurance companies in Adelanto?
In Adelanto, California, if you decide to forgo mortgage insurance, you may face more financial risk if you can't make payments, as you could be held liable for any amount that is left unpaid. It is also important to note that mortgage insurance coverage typically creates a safety net for homeowners if they should encounter unexpected financial hardship. Without mortgage insurance, if the home is foreclosed, you will now also have to face the probabilities of other financial losses depending on the terms of your mortgage.
Compare Life Insurance Policies
Get started today and compare over 37 life insurance providers in as little as 15 minutes.
© 2024 PolicyHub - all rights reserved