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 Corpus Christi, TX
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Corpus Christi, 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...
Choosing the right mortgage insurance policy for your situation in Corpus Christi, TX requires several considerations. Major elements to consider for choosing the right mortgage insurance include the type of mortgage loan, the amount of coverage needed, your credit score, and any rider benefits that may be available. Look at the various mortgage details to determine which type of insurance is best for your current financial situation. Talk to a local professional to learn more about mortgage insurance policies available in the Corpus Christi area to decide what type of coverage is right for you.
What is the minimum down payment to avoid a Corpus Christi mortgage insurance policy?
In Corpus Christi, TX, the minimum down payment to avoid mortgage insurance varies depending on the company that will be issuing the loan. Generally speaking, if you put less than 20% of the purchase price towards your down payment, mortgage insurance will be required. However, some lenders might offer a lower minimum down payment that will avoid mortgage insurance. To know for certain, you should speak with a qualified loan officer in Corpus Christi and ask what the minimum down payment requirement is for avoiding mortgage insurance.
What are the drawbacks of a private mortgage insurance policy Corpus Christi?
In Corpus Christi, TX, private mortgage insurance (PMI) can be a costly burden for homeowners and bring certain drawbacks. One of the primary downsides is the added cost. Home buyers in Corpus Christi that opt for PMI must pay an additional fee, which may be 2-5% of the price of the loan. Additionally, PMI does not provide protection to the homeowner against the property decreasing in value or if the homeowner defaults on payments – it only provides protection to the lender.
Who is eligible for FHA mortgage insurance near Corpus Christi?
Any homebuyer in Corpus Christi, TX looking for a lower down payment option may be eligible for an FHA mortgage. FHA loans require a smaller down payment than most traditional mortgages with a minimum credit score of 580. FHA mortgage insurance protects lenders from losses related to borrower default, allowing buyers to take advantage of more favorable terms and lower interest rates. Eligibility requirements for this type of loan include having a steady income, good credit history, and a debt to income ratio that meets FHA standards. Additionally, the property must meet HUD property standards and be an approved investment.
What are the benefits of USDA insurance from Corpus Christi mortgage insurance companies?
USDA mortgage insurance offers a unique buying opportunity for those living in Corpus Christi, TX. USDA loans allow buyers to finance (or purchase) up to 100% of the appraised value of the home thus requiring no down payment. Additionally, USDA loan borrowers enjoy the benefits of slightly lower mortgage rates, less stringent credit requirements, and lower monthly premiums. This combination of features has allowed qualified buyers in Corpus Christi, TX to purchase their dream home with no down payment and more buying power with their monthly budget.
The VA funding fee is a one-time payment made to the Department of Veterans Affairs that helps fund the loan guarantee and provide mortgages to veterans in Corpus Christi, TX. This fee is not usually required to be paid up front, but instead is added to the loan amount. The amount of the fee depends on the veteran's type of service and also whether they are making a down payment. Military members who receive disability compensation are exempt from paying the fee.
Can I negotiate the cost of my mortgage insurance in Corpus Christi?
Yes, it is possible to negotiate the cost of your mortgage insurance if you are located in Corpus Christi, TX. Local banks and lending institutions may offer various discounts and other incentives to help you save money on your mortgage insurance premiums. Furthermore, insurance companies often offer discounts based on the size of your loan or the type of property you are buying. It is always a good idea to shop around and compare companies to ensure you are receiving the best deal available in Corpus Christi. Getting a competitive quote is the first step to getting the best deal on your mortgage insurance.
Does the mortgage insurance termination process vary by Corpus Christi mortgage insurance policy?
Yes, the mortgage insurance termination process does vary by lender, and in Corpus Christi, TX specifically, there are a few things to bear in mind. The lender typically determines the process, as each lender may have their own requirements for the cancellation of PMI, such as proof of an on-time payment history or an increase in the home's value. Lenders within Corpus Christi may have additional requirements so it is best to check with any prospective lender for the specific requirements prior to closing.
How do I calculate mortgage insurance for a Corpus Christi mortgage insurance company?
Calculating mortgage insurance in Corpus Christi, TX will depend on a variety of factors, including your credit score, the amount of the loan, and the loan-to-value ratio. A good way to begin calculating mortgage insurance is to contact a local lender to obtain quotes for different loan scenarios. This will give you an idea of what the upfront payment amount and monthly premiums may be. You can also calculate your own mortgage insurance rate based on data available on various websites, such as from the Federal Housing Authority.
Do I need mortgage insurance companies in Corpus Christi?
The answer to the question of whether or not you need mortgage insurance in Corpus Christi, Texas will depend on your local lending institution's specific policy. It may be required depending on the size of your down payment or credit score. Generally, mortgage insurance exists to protect the lender's interest if you default on your loan and is paid for by the borrower as part of the closing costs. In Corpus Christi, it's a good idea to ask your loan officer if mortgage insurance is necessary so you are well informed when making such a large financial commitment.
Other locations near Corpus Christi, TX
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