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 Hattiesburg, MS
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Hattiesburg, MS 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 the right mortgage insurance policy for your property in Hattiesburg, MS, it's important to consider the coverage you need, the cost of each policy, and the unique features each policy may offer. Consider speaking to an experienced local insurance agent in order to discuss the various policies available and the best policy for your individual needs. Doing your research and asking a lot of questions can help you make the best decision for your mortgage insurance needs in Hattiesburg.
How can I reduce my Hattiesburg mortgage insurance policy cost with a larger down payment?
Making a larger down payment on your mortgage loan is one of the easiest ways to reduce your mortgage insurance cost in Hattiesburg, MS. If youβre considering making a larger down payment, take advantage of state and federal incentives. The Mississippi Home Corporation, or MHC, offers competitively low down payment and closing costs for qualified borrowers. Making use of these programs could ensure you have the funds to make a larger down payment, resulting in a lower mortgage insurance cost.
What is a private mortgage insurance policy Hattiesburg?
Private Mortgage Insurance (PMI) is an insurance policy that property owners in Hattiesburg, MS, can purchase to protect lenders from at least some of the risk of not getting repaid on mortgages for properties with a loan-to-value ratio higher than 80%. The premiums for PMI are paid by the borrower and protect the lender in case of default on the loan so that they can be made whole financially. PMI is more expensive when a borrower puts less money down, but may still be necessary so that borrowers can get financing on properties they otherwise would not qualify for without it.
What are the benefits of FHA mortgage insurance near Hattiesburg?
FHA mortgage insurance provides numerous benefits to borrowers living in Hattiesburg, MS. To start with, FHA mortgage insurance can help those who have difficulty qualifying for a conventional loan due to the smaller down payment required. FHA requires just a 3.5% down payment, whereas conventional loans often require 20%. In addition, FHA mortgage insurance provides a range of condo and manufactured home options, something not always offered with more conventional loan products.
Who is eligible for USDA insurance from Hattiesburg mortgage insurance companies?
Those who are looking to purchase a home in the city of Hattiesburg, Mississippi may be eligible for mortgage insurance offered by the United States Department of Agriculture (USDA). This type of insurance helps to reduce the risk for lenders by providing them with a guarantee of repayment on the part of the borrower. To qualify for the USDA loan program, applicants must meet certain criteria such as having a steady income, good credit, and a willingness to occupy the home as the primary residence.
The VA funding fee in Hattiesburg, MS is determined based on the type of loan. For this location, a regular VA loan is 2.30% and a VA Jumbo loan is 3.30% of the loan amount. The funding fee can also vary based on the veteran's status, such as service-connected disabled veterans. Usually, the funding fee is higher the more money you borrow and decreased for those with a down payment of 25%. The VA can also waive the fee for veterans or families who would otherwise be unable to purchase a home due to financial difficulties.
Can I negotiate the cost of my mortgage insurance in Hattiesburg?
Yes, you can negotiate the cost of your mortgage insurance in Hattiesburg, MS. It is best to speak directly with your mortgage lender to discuss potential opportunities for reducing the cost of your mortgage insurance. Depending on your current situation, you may be eligible for discounts or special rates. It may also be beneficial to reach out to a financial adviser to review the terms of your mortgage agreement and to provide guidance on the best course of action. In any case, if you are interested in negotiating the cost of your mortgage insurance, it's highly recommended to start exploring your options today.
Does the mortgage insurance termination process vary by Hattiesburg mortgage insurance policy?
Yes, the mortgage insurance termination process does vary by lender, and that includes lenders in Hattiesburg, MS. Different lenders have different requirements and processes which homeowners need to follow in order to terminate their mortgage insurance. Homeowners should contact their lender directly in order to learn about their specific requirements and the steps involved in the process. Additionally, Hattiesburg homeowners may find it beneficial to consult an attorney to ensure they understand their rights under their mortgage contract and to ensure their mortgage insurance is terminated properly.
How do I calculate mortgage insurance for a Hattiesburg mortgage insurance company?
If you live in Hattiesburg, MS and are trying to calculate the mortgage insurance you need, the best option for you is to contact a local mortgage broker or housing advisor. They'll be able to assess your unique circumstances, advise you on the mortgage insurance you require, and provide a range of options for specific mortgages that will meet your needs. An experienced local broker or advisor can significantly simplify the process and provide the advice and guidance you need. Additionally, if your financial circumstances or goals change over time, their advice will ensure you maintain the best mortgage insurance option.
Can I opt out of services from mortgage insurance companies in Hattiesburg?
In Hattiesburg, MS, individuals may opt out of mortgage insurance with certain qualifications. Generally, the lender requires that the applicant have a loan to value ratio of 80% or less when the loan is initiated in order to opt out of mortgage insurance. This means the loan amount must be no more than 80% of the appraised value of the home. Homeowners may also refinance to a loan without mortgage insurance. However, it is important to note that this may not often be the most cost effective option.
Other locations near Hattiesburg, MS
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