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 Gardere, LA
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Gardere, LA 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 Gardere, LA, there are multiple types of mortgage insurance policies available for homebuyers, including private mortgage insurance (PMI) and Federal Housing Administration (FHA) insurance. PMI protects lenders from defaults and is usually required when down payments are less than 20%. FHA insurance, on the other hand, is a government-backed option for low-apply homebuyers that requires a smaller down payment of just 3.5%. VA loans, another type of mortgage insurance, are only available to veterans and provide 100% financing with no PMI costs.
What is the minimum down payment to avoid a Gardere mortgage insurance policy?
In Gardere, LA the minimum down payment to avoid mortgage insurance is typically 5-20% of the entire loan amount. However, this percentage will vary depending on the lender and loan terms. It's important to note that the lower the down payment amount, the higher the mortgage insurance premium. Therefore, if you can afford to put more money down, it can save you from paying a higher mortgage insurance premium and have a larger impact on your overall long-term savings.
What are the benefits of having a private mortgage insurance policy Gardere?
Private Mortgage Insurance (PMI) is a smart tool for homeowners in Gardere, LA, looking to purchase a home or refinance an existing mortgage. PMI can help homeowners who don't have the necessary funds for a 20% down payment to make their dreams of homeownership come true. PMI also offers added protection to lenders against default and foreclosure, resulting in lower costs and increased borrowing options. Furthermore, borrowers can often experience lower interest rates as PMI can actually improve their individual credit score.
What are the benefits of FHA mortgage insurance near Gardere?
FHA mortgage insurance offers a variety of benefits to homeowners in Gardere, LA. These include access to lower down payments and more lenient credit requirements, making it easier to qualify for a loan. Additionally, FHA mortgage insurance can provide more flexible options for those with less-than-perfect credit scores, and can even cover closing costs, allowing you to control your loan costs. This is especially beneficial for first-time home buyers who may need a bit of extra help getting the home of their dreams.
Who is eligible for USDA insurance from Gardere mortgage insurance companies?
In Gardere, LA, anyone who is qualified for one of the eligible USDA mortgage insurance programs has the potential to be eligible for USDA mortgage insurance. Eligibility primarily revolves around income level and geography. Those who make less than 115% of the area median income may be eligible for the Guaranteed Program, while those with incomes between 115% and 150% of the area median income may be able to qualify for the Direct Program. The Property must also be located within a USDA designated Zone.
The amount of the VA funding fee for a mortgage can vary based on a number of factors, including loan amount, term length, and the type of loan. For veterans in Gardere, LA, the VA funding fee is divided into three categories of borrowers based on their military and financial status. Veterans without a disability are assessed a fee of 2.3% of the loan amount for first-time use of the VA loan. Subsequent use of the VA loan results in a fee of 3.6%. For veterans with a disability rating, the VA funding fee is reduced to .
What can I do to lower the cost of my mortgage insurance in Gardere?
To lower the cost of mortgage insurance in Gardere, LA, you can compare quotes from multiple providers and shop around for a better deal. Additionally, some lenders may offer discounts for customers with certain qualifications, such as good credit. You could also consider leveling up your coverage, such as raising your deductible, to see if it decreases the cost. Furthermore, you could also increase your home's value by making improvements, such as a new roof, as this could reduce your insurance premiums. Finally, paying mortgage insurance premiums annually instead of monthly often lowers the cost.
Can I cancel my Gardere mortgage insurance policy early?
Yes, if you live in Gardere, Louisiana, you may be eligible to cancel your mortgage insurance early. In order to determine eligibility, you'll need to contact your mortgage insurance provider to review your specific situation. Additionally, you may be able to save money by cancelling your mortgage insurance early as your loan's balance reduces, if due to timely payments, or if the value of the home increases. It's important to note that a cancellation is not automatic and will require an application, supporting documents, fees, and/or additional information, as applicable.
Can my Gardere mortgage insurance company help me calculate my mortgage insurance cost?
Absolutely. If you are based in Gardere, LA, your lender can assist you in calculating your mortgage insurance. At Gardere, all lenders are required to patiently explain the process of calculating mortgage insurance to clients. They also provide tools that make it easier to calculate. Working with a knowledgeable lender can provide peace of mind knowing that the calculation of your mortgage insurance is accurate. Doing the calculation yourself can result in errors, so itβs best to seek help from your lender.
Are there alternatives to mortgage insurance companies in Gardere?
In Gardere, LA, there are a few alternatives to mortgage insurance. If you've made a large down payment on the home, usually 20% or more, your lender may allow you to avoid paying mortgage insurance altogether. Another option is to take out a piggyback loan, where you secure a second loan to cover the difference between the down payment and 20%. Lastly, there are lenders who offer lender-paid mortgage insurance, where the lender pays an upfront fee in exchange for a higher interest rate.
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