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 Beeville, TX
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Beeville, TX 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 in Beeville, TX usually works in one of two ways. It can either be paid in a one-time premium or as part of the ongoing monthly payments. The borrower can choose which option works best for them and the type of loan they are taking out. One-time premiums are paid by the borrower at closing and are then held by the lender in the form of an escrow account until they are paid in full. For ongoing monthly payments, the borrower will pay the premium with every payment until the balance is paid off.
What is the minimum down payment to avoid a Beeville mortgage insurance policy?
Generally speaking, mortgage insurance is required if a down payment of less than 20% is made on a home purchase. In Beeville, TX, lenders typically like to see the minimum down payment of at least 3.5%, which is the rate required by the Federal Housing Administration (FHA) loan program, to avoid mortgage insurance. Other mortgage loan programs also have different minimum down payment requirements, such as 5%, 10% and 15%.
What are the drawbacks of a private mortgage insurance policy Beeville?
Private mortgage insurance (PMI) in Beeville, TX can be costly, as it must be paid each month as part of your mortgage payment and is typically added to your principal. This can take up a large portion of your monthly budget or leave you with less spending money for other bills. PMI is also unavoidable in cases where a borrower doesn't have the necessary amount for a down payment, as it is a requirement of most mortgages that require a down payment of less than 20%.
What are the benefits of FHA mortgage insurance near Beeville?
Living in Beeville, TX, you can reap several benefits from FHA mortgage insurance. FHA loans require lower down payments when compared to a conventional mortgage, which can be a great advantage for potential homeowners with limited upfront funds. Additionally, FHA loans are more flexible for borrowers with less-than-perfect credit or who have experienced some financial hardship. It is easier for individuals to qualify for an FHA Mortgage when compared to a conventional mortgage, therefore it can be a very beneficial option for first-time home buyers in Beeville, TX.
What are the benefits of USDA insurance from Beeville mortgage insurance companies?
Living in the Beeville, TX area has many benefits, including access to the USDA mortgage insurance program. With a USDA mortgage insurance, buyers can purchase a home with no down payment or private mortgage insurance, making it easier for residents to take out a loan and become homeowners. Additionally, USDA mortgage interest rates are typically lower than traditional financing, allowing buyers to keep monthly payments affordable. Finally, USDA mortgage insurance guarantees lenders up to 95% of the loan value, which allows them to make loans to people with lower credit scores and with lower incomes than typically required.
The VA funding fee for Beeville, Texas is calculated in the same manner as in other areas of the country. The fee is based on the loan amount, the down payment, the type of loan and the usage of the property. The fee may be paid in cash or may be added to the loan amount. The fee is typically 0.3% for first-time home buyers who are not receiving any other state or federal aid, and 2.15% for subsequent buyers using the VA loan. As an added cost, the VA also charges a 0.
What factors influence the cost of mortgage insurance in Beeville?
Numerous factors can influence the cost of mortgage insurance in Beeville, TX, such as the size and length of a loan, location of the property, and the down payment. Other elements that can come into play include the borrower's debt-to-income ratio, as lenders typically require higher mortgage insurance premiums for borrowers that make a low down payment and have higher debt ratios. Credit scores can also impact the amount of mortgage insurance a borrower has to pay. Generally, the lower the credit score, the higher the rates for mortgage insurance.
What are the requirements to cancel my Beeville mortgage insurance policy?
If you live in Beeville, Texas and are looking to cancel your mortgage insurance, there are certain requirements you'll need to meet. Generally speaking, you must have a good payment history for at least two years, have paid down the loan balance to at least 80-85% of the original value of the property, and have no mortgage lates in the last 12 months to qualify for cancellation in most cases. Additionally, you'll need to contact your loan servicer and provide proof of sufficient property value.
Can my Beeville mortgage insurance company help me calculate my mortgage insurance cost?
Yes, your mortgage lender can certainly help you calculate your mortgage insurance. In Beeville, TX, lenders are available to discuss your mortgage and any associated insurance related to it. They will be able to walk you through the process of calculating mortgage insurance and other related costs. Additionally, the knowledgeable staff at your lender can explain the various terms and concepts associated with mortgage insurance and how they ultimately factor into your loan structure. Don't hesitate to reach out to them with your questions; they'll be more than happy to answer any inquiries you have related to mortgage insurance or other mortgage-related topics.
Are there alternatives to mortgage insurance companies in Beeville?
Yes, there are alternatives to mortgage insurance in Beeville, TX. These include Private Mortgage Insurance (PMI) and Mortgage Insurance Premiums (MIP). PMI is a form of insurance taken out by homebuyers with less than 20 percent down on their loan. It protects lenders from the risk of a borrower defaulting on their loan. MIP is similar to PMI, however, it is typically included in the standard Federal Housing Administration (FHA) loan set-up. It is also a form of insurance that protects lenders against borrowers defaulting on their loan.
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