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 Atchison, KS
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Atchison, KS 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...
When choosing a mortgage insurance policy in Atchison, KS, there are several factors to consider. Firstly, evaluate your budget and resources to ensure you can make monthly payments on a mortgage. Secondly, research different companies available in Atchison and compare rates, discounts, requirements, and other services to ensure you are getting the best rate that is permissible. Lastly, seek advice from a trusted financial advisor in the area to make sure a mortgage insurance policy is the right fit for your needs.
What is the minimum down payment to avoid a Atchison mortgage insurance policy?
In Atchison, KS, the minimum down payment needed to avoid mortgage insurance is based on the lenders guidelines, and each lender has different criteria for obtaining a loan. Generally, you can expect to need at least a 10-20% down payment in conjunction with good credit scores to avoid mortgage insurance. It can also depend on the loan program and terms. To ensure you have the best chance of avoiding mortgage insurance, it's recommended to speak with a local mortgage expert to find out what options are available.
What is a private mortgage insurance policy Atchison?
Private mortgage insurance (PMI) is an insurance policy that safeguards lenders in Atchison, KS against the risk of a borrower defaulting on their mortgage payments. It allows people to obtain mortgages without having to pay a large down payment. PMI typically covers an amount equivalent to private mortgage lender's capital required to secure a loan and range from 0.4-1.2% of the loan's term. PMI payments are usually added to the monthly mortgage payments and can be paid for in a lump sum or as part of the monthly payment.
What is FHA mortgage insurance near Atchison?
FHA mortgage insurance is a type of insurance designed to protect lenders in the event of a borrower's default on their mortgage payments. It is also referred to as private mortgage insurance (PMI) and is offered to people living in Atchison, KS who do not have the required down payment for the conventional mortgage loan they are interested in purchasing. This includes loans that are insured through the Federal Housing Administration (FHA). In return for the insurance, the borrower pays an upfront fee as well as an annual premium that must be paid with each mortgage payment.
What are the drawbacks of USDA insurance from Atchison mortgage insurance companies?
One of the drawbacks of USDA mortgage insurance in Atchison, KS is that it is limited to certain areas that meet certain income and credit requirements. Additionally, it requires an upfront fee that some may not be able to pay. For these reasons, many individuals and couples may not qualify for this kind of loan. Another potential downside is that it requires an annual premium payment that could come with a high cost. Additionally, there are limits to the amount one can borrow for this type of loan, meaning it may not be the best fit for larger purchases.
In Atchison, KS, some of the potential drawbacks of a VA loan could include the fact that there is a one-time funding fee that could be several thousand dollars depending on the loan amount, fees may be higher than with a traditional mortgage, and credit score requirements may be higher. Additionally, all VA loans must meet certain criteria, and you may be required to meet additional requirements due to the locality of Atchison, KS. Lastly, while VA loans do not require a down payment, buyers may need cash reserves for other expenses in order to complete the loan process.
What can I do to lower the cost of my mortgage insurance in Atchison?
In Atchison, KS many lenders offer lower cost mortgage insurance options. One way to lower the cost of your mortgage insurance is to check with your current lender to see if they are offering any discounts on mortgage insurance or switch to a lender that offers lower premiums. You should also consider making a one-time, upfront payment to cover the cost of the insurance premium, which can lower the amount that you would have to pay each month. Additionally, look into increasing the size of your down payment. This can reduce the amount of the mortgage and lower the cost of mortgage insurance.
What are the requirements to cancel my Atchison mortgage insurance policy?
In Atchison, KS, borrowers must meet certain mortgage insurance cancellation requirements in order to eliminate their mortgage insurance payments. To cancel mortgage insurance, your loan must be at least two years old and you must have made timely payments for the past year. Additionally, the balance of your loan must be 80% or less of the property's current value. If these requirements are met, homeowners can reach out to their servicer and request to cancel their mortgage insurance. Borrowers should also contact their insurance company to ensure that all necessary paperwork has been filed appropriately.
What factors are considered when calculating mortgage insurance for a Atchison mortgage insurance company?
When it comes to calculating mortgage insurance in Atchison, KS, there are several factors that come into play. These include the borrower's credit score, debt-to-income ratio, the type of property the mortgage is being secured against and the loan-to-value ratio. Ultimately, the mortgage insurance amount needed will depend on the lender's risk tolerance and the type of insurance the borrower is able to purchase.
What happens if I don't use mortgage insurance companies in Atchison?
If you don't have mortgage insurance and you live in Atchison, KS, you may be at risk of losing your home due to financial hardship. Mortgage insurance is offered by various lenders and provides protection against defaulting on your loan in the event of financial difficulty. If you do not have mortgage insurance, should you experience a job loss, marital status change, health issue, or some other unexpected financial hardship, you may not have sufficient funds to pay your mortgage, and in severe cases, you may be forced to foreclose on your home.
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