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 Antioch, IL
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Antioch, IL 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...
Choosing the right mortgage insurance policy for you in Antioch, IL depends on your specific needs, budget, and goals. There are several factors to consider when selecting a policy, including the type of loan you are getting, the length of the mortgage, the amount of coverage you want, and the cost of the policy. Do your research and compare policies from different insurers to find the one that best meets your needs. Utilize helpful online tools, like calculators or comparison charts, to understand your options better.
What is the minimum down payment to avoid a Antioch mortgage insurance policy?
In Antioch, IL, the minimum down payment to avoid mortgage insurance typically ranges from 10-20%. However, depending on the situation and the type of loan program, the down payment amount can vary. It is important to speak to a local lender in the Antioch area to find out exactly what down payment amount is required to avoid mortgage insurance for your specific situation. Additionally, lenders may be able to provide assistance programs or other resources to help homeowners with any type of mortgage insurance issues.
What is a private mortgage insurance policy Antioch?
Private mortgage insurance (PMI) is a type of insurance coverage required by mortgagors of homes located in Antioch, IL that do not have the full 20% down payment or more. It is typically purchased by borrowers with a loan-to-value ratio greater than 80%, meaning that the borrow has put less than 20% down on the property. This coverage helps protect the lender from a loss if the borrower defaults on the loan. PMI typically costs between 0.3% to 1.15% of the loan amount annually.
Who is eligible for FHA mortgage insurance near Antioch?
In the city of Antioch, Illinois, anyone looking to purchase a home using an FHA loan is eligible for FHA mortgage insurance. An FHA loan is a loan that is insured by the Federal Housing Administration and is much more flexible when it comes to income and credit requirements. Even first-time buyers or those with lower credit scores may qualify. FHA mortgage insurance protects the lender, so buyers with an FHA loan have more options.
Do Antioch mortgage insurance companies offer USDA insurance?
USDA mortgage insurance is a special home loan program offered by the United States Department of Agriculture (USDA). The program provides low-income borrowers in eligible rural and suburban areas, such as Antioch, IL, with affordable home financing. It is designed to promote homeownership in rural communities, and the mortgage insurance helps to protect lenders against losses due to defaults. This makes it easier for qualified homebuyers to secure a loan. USDA mortgage insurance has lower interest rates than other home loan types and allows borrowers to finance up to 100% of their home's value.
The VA funding fee for Antioch, IL is calculated taking into consideration the veteran status, purpose of the loan and loan type. The veteran status and purpose of the loan have different percentages associated with them. The VA funding fee is expressed as a percentage of the loan amount unless the loan amount is higher than the current conforming loan limit. In this case, the fee is based on the conforming loan limit. All VA funding fees are subject to change. The funding fee is intended to help cover the costs of the VA home loan program and is usually financed along with the loan.
What can I do to lower the cost of my mortgage insurance in Antioch?
To lower the cost of your mortgage insurance in Antioch, IL, consider looking into PMI cancellation. Private mortgage insurance, or PMI, is required when a home is purchased with less than 20 percent down. However, some loans allow for PMI to be canceled after the homeowner reaches at least 20 percent equity in the home. Speak with a professional in Antioch, IL about refund options that are available, determine if you qualify, and make sure you adhere to the required criteria.
What process do I need to follow to cancel my Antioch mortgage insurance policy?
To cancel your mortgage insurance in Antioch, IL, you'll need to contact your lender to discuss your options for removing mortgage insurance from your loan. The process differs from lender to lender, but typically you must have a certain level of equity in your home and you must make any back payments that may be due. These requirements must be met before the lender can consider canceling your mortgage insurance. Your lender will then verify the information and submit the request to your mortgage insurance company. Once your application is approved, you'll need to provide proof of the changes, such as updated property and financial documents.
What factors are considered when calculating mortgage insurance for a Antioch mortgage insurance company?
The calculation of mortgage insurance in Antioch, IL generally takes a few factors into account, such as the type of loan, the loan amount, the loan-to-value ratio, and the borrower's credit score. Additionally, the loan maturity and payment frequency often have an influence on the amount of mortgage insurance one pays. Furthermore, in some cases, loan discounts or special offers may also impact the amount of mortgage insurance one pays. Overall, it's important to consider all of these factors when deciding how much mortgage insurance one needs to pay in Antioch, IL.
What happens if I don't use mortgage insurance companies in Antioch?
If you are looking to purchase a home in Antioch, IL and don't have mortgage insurance, that can put you at greater financial risk. You may require a larger down payment or higher interest rate in order to qualify for a loan. Without having mortgage insurance, you may have difficulty getting a loan, and you would be completely responsible for the financial obligations of the loan if you are unable to make the payments. Additionally, it could mean that you could end up owing more than the house is worth if the equity drops during your loan term.
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