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 Evans, GA
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Evans, GA 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...
In the city of Evans, GA, mortgage insurance works in a way that protects lenders from potential losses caused by a borrower's default. Mortgage insurance functions like a type of security deposit held in escrow that helps the lender recoup their losses in the event of foreclosure. Mortgage insurance premiums are paid monthly and these costs can be assumed by either the borrower, or the lender depending on the chosen mortgage product. As a result, mortgage insurance often makes it possible for borrowers with lower credit scores or less money saved for a down payment to qualify and purchase a home.
How does a larger down payment affect my Evans mortgage insurance policy cost?
By making a larger down payment when financing a home in Evans, GA, you can reduce your mortgage insurance cost significantly. Offering a larger down payment usually means the size of the loan will be significantly smaller and more manageable, which decreases the amount of insurance that needs to be purchased to cover it. In addition, buyers with larger down payments are considered more financially secure, and this often results in lower premiums for their mortgage insurance. Making a larger down payment can ultimately save you a significant amount of money on your mortgage insurance in the long run.
Who is eligible for a private mortgage insurance policy Evans?
In Evans, GA, individuals who are purchasing a primary residence and have less than a 20% down payment are eligible for private mortgage insurance. This type of insurance provides protection to both the banks and the homebuyers by ensuring that lenders are compensated in the event of default. To qualify, borrowers must meet basic criteria set by the lending institution, such as income, employment history, and credit score. Borrowers should also be aware that rates may vary depending on the type of mortgage and the total loan amount.
What are the benefits of FHA mortgage insurance near Evans?
FHA mortgage insurance offers several benefits to residents of Evans, GA. Most notably, it allows those with less-than-perfect credit to get a mortgage. Additionally, the insurance allows for flexible downpayment requirements; requiring only a 3.5% downpayment from borrowers. FHA mortgage insurance also helps with closing costs, and offers fees that are lower than conventional loans. Further, FHA mortgages offer access to HUD-approved housing counselors who can advise those in the community on finances and their housing options.
Who is eligible for USDA insurance from Evans mortgage insurance companies?
In Evans, Georgia, people who wish to purchase a home with a USDA mortgage may be eligible for USDA mortgage insurance. This insurance provides protection for lenders against losses incurred as a result of borrowers defaulting on mortgage payments. All individuals who meet the eligibility requirements, such as having yearly income below the median in the area, may apply for USDA mortgage insurance. In addition, applicants must be U.S. citizens or have permanent residency in the United States. Applicants must also be able to provide sufficient evidence that they can repay the loan in full and have satisfactory credit history.
The VA Funding Fee is an upfront fee charged by the Department of Veterans Affairs (VA) for Evans, GA veterans taking advantage of VA home loan benefits. This fee helps to ensure that the VA mortgage program remains viable for future generations of veterans. The cost of the fee is up to 2.3% of the total loan for first-time borrowers using the VA's program, although additional discounts may apply based on factors such as type of service, disability, and/or any down payment made.
Can I negotiate the cost of my mortgage insurance in Evans?
Yes, you can negotiate the cost of your mortgage insurance in Evans, GA. Your lender typically sets the rates for mortgage insurance, but there may be options available to lower the cost or improve the terms of the coverage. For example, you may be able to pay points to reduce the cost of your premium, or you may be able to opt for an adjustable rate policy that adjusts as the market changes. Additionally, you may be able to choose a policy with a higher deductible or purchase additional coverage that does not require an additional premium.
Does the mortgage insurance termination process vary by Evans mortgage insurance policy?
Generally, mortgage insurance termination processes vary according to each lenderβs specific requirements; however, in Evans, GA, the process is largely consistent across most lenders. In order to terminate mortgage insurance on an Evans, GA loan, lenders typically require you to meet certain criteria and provide proof of a successful payment history over a certain period of time. After verifying all the necessary paperwork, lenders may cancel or reduce mortgage insurance premiums, but you may need to provide additional paperwork or certificates to prove the value of the home has not decreased.
Can my Evans mortgage insurance company help me calculate my mortgage insurance cost?
In Evans, GA, most lenders offer both personal and professional assistance to help their borrowers with mortgage insurance calculations. The professionals on staff can guide you through the process, and help you navigate the decision of what type of insurance is best suited for your particular situation. Depending on your loan type, the amount you borrow, or the loan term, some lenders may offer additional options that can help you calculate potential savings from your policy.
Do I need mortgage insurance companies in Evans?
As a homeowner in Evans, GA, you may be required to purchase mortgage insurance depending on the type of loan you take out and the down payment you make. Generally, if you make a down payment less than 20% of the purchase price, you will be required to carry private mortgage insurance (PMI). It is important to check with your lender when purchasing a home to understand their requirements and whether or not mortgage insurance is necessary.
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