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 Ashland, OR
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Ashland, OR 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...
Mortgage insurance is especially important in Ashland, OR, because of its high cost of living. It helps protect borrowers from the cost associated with lost wages or a medical event, ensuring they will still be able to keep their home even if struggled to pay the mortgage. Mortgage insurance for Ashland residents, like those in any other area, is a way for borrowers to stay in their homes while protecting lenders, so if a borrower defaults, the insurance will help the lender recover the unpaid portion of the loan.
How does a larger down payment affect my Ashland mortgage insurance policy cost?
A larger down payment on a mortgage in Ashland, OR can help reduce the cost of mortgage insurance. Making a larger down payment reduces the size of the loan amount being borrowed, which in turn reduces the cost of the mortgage insurance. Mortgage insurance is required when you finance more than 80% of the cost of the home, and a larger down payment reduces the overall loan amount, making mortgage insurance less expensive. Additionally, a larger down payment may help you qualify for a better interest rate, which could further reduce the cost of your mortgage insurance, as well as your overall interest costs.
What are the benefits of having a private mortgage insurance policy Ashland?
Residents of Ashland, OR can reap numerous benefits from purchasing private mortgage insurance. These can include paying less in monthly premiums since the insurance is only necessary for a certain percentage of your loan, having the ability to refinance more easily without putting down a large up-front payment, obtaining a lower interest rate on your loan, having more loan options, and having more flexibility in the amount you borrow. Private mortgage insurance also helps protect your lender in case you default on your loan, meaning less risk for the lender and the ability to obtain loans more easily.
What are the benefits of FHA mortgage insurance near Ashland?
FHA mortgage insurance is a major benefit in Ashland, OR, as it enables buyers to purchase homes without needing to pay a large down payment. The mortgage insurance helps makes mortgage payments more affordable by making smaller down payments possible, as well as providing sellers with a sense of security knowing that the investment is protected with insurance. For those who do not have a significant amount of savings, the FHA mortgage insurance allows them to become first-time homeowners.
What are the drawbacks of USDA insurance from Ashland mortgage insurance companies?
In Ashland, OR, while there are many benefits to obtaining a USDA mortgage loan, there are some drawbacks to consider. Interest rates may be slightly higher on USDA loans than those offered by conventional lenders, and USDA loans may require an upfront guarantee fee that must be paid to the lender prior to closing. It is also important to take into account the property you are looking to purchase must traditionally meet certain requirements in order to qualify for a USDA mortgage insurance loan. This means if the property is located too close to a business or commercial property, for instance, it may not qualify.
Residents of Ashland, OR who have previously or are currently serving in the U.S. Armed Forces (including Reservists and National Guard personnel) or are a surviving spouse of a veteran may be eligible for a VA loan. Furthermore, veterans and military personnel who have completed their initial service obligation and have not been dishonorably discharged also qualify for VA loan eligibility. Furthermore, VA loans have special provisions based on length of time of service: for example, members of the armed forces who have served 6 years in the Selected Reserve may be eligible for VA loans.
Can I negotiate the cost of my mortgage insurance in Ashland?
While it is not typical to negotiate the cost of mortgage insurance, in Ashland, OR there are lenders that will work with you to find a solution that fits your budget. It is worth asking your mortgage lender if they offer any programs that could reduce or even eliminate your mortgage insurance premium, especially if you are a first-time homebuyer. In addition, many lenders offer lender credits that can be applied towards closing costs, including mortgage insurance premiums. Before making any decisions, it is best to contact a trusted lender to inquire about any options that might be available to you.
When does a Ashland mortgage insurance policy go away?
The process of when a mortgage insurance goes away varies on the circumstances of the loan and the specific lender, however, it usually goes away once the loan amount is at or below 78% of the original purchase price of the home. In Ashland, OR, the current loan limit for basic mortgage insurance is $484,350, which means that when a borrower pays down their loan to the point where it is in proportion to the original purchase price of the home, the mortgage insurance is usually wiped away.
Can my Ashland mortgage insurance company help me calculate my mortgage insurance cost?
Yes! Your lender in Ashland, OR can certainly help you calculate your mortgage insurance. Many lenders in this area offer experienced professionals who can assist you in determining the amount of insurance coverage you need for your mortgage. They can also help you figure out the best options for lowering your payments, such as increasing your down payment, shortening the term of the loan, or taking advantage of government programs that offer incentives. With more than a decade of experience in the mortgage business, Ashland's lenders can provide you with the service and expertise you need to make sure you have the right coverage.
Do I need mortgage insurance companies in Ashland?
The answer to whether you need mortgage insurance in Ashland, OR will depend on a few factors. First and foremost is the type of loan and your financial situation. If you are obtaining a government-backed loan, such as a Veterans Administration or Federal Housing Administration loan, then you will likely need mortgage insurance. If you are obtaining a conventional loan, you may not need mortgage insurance if you have at least 20% of the cost of the home for a down payment. Also, it will depend on your credit score and amount of debt.
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