Taking too long? Close loading screen.
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 Hazleton, PA
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Hazleton, PA 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 Hazleton, PA, there are a variety of types of mortgage insurance available. The most common mortgage insurance products are Private Mortgage Insurance and Federal Housing Administration loan insurance. Private Mortgage Insurance can help borrowers with insufficient down payments, protecting lenders from loss if the borrower defaults on their loan. FHA loans are insured by the government with the purpose of helping first-time homebuyers with down payments and closing costs, without as stringent requirements for conventional loans. Additionally, the more financially secure veteran or their surviving spouse may be eligible for Veterans Administration loan insurance.
Does the cost of a Hazleton mortgage insurance policy depend on the size of my down payment?
Yes, mortgage insurance costs in Hazleton, PA will depend on the size of your down payment. Generally speaking, a larger down payment will mean a lower mortgage insurance premium, while a smaller down payment will result in higher insurance premiums. As an added incentive, some lenders may even offer addition discounts if a down payment of 20% or more is made. It's important to research and shop around for the best mortgage insurance coverage in Hazleton, PA before finalizing your decision. Speak with your lender to review your specific situation and find the mortgage insurance solution that is right for you.
What are the benefits of having a private mortgage insurance policy Hazleton?
Homeowners in Hazleton, PA who have less than a 20% down payment may be eligible to benefit from private mortgage insurance (PMI). With PMI, stress associated with finding the extra cash for a large down payment can be alleviated, allowing homebuyers to purchase a home sooner. PMI also offers protection to lenders that a borrower will pay their mortgage in case of default. This means that borrowers with less than perfect credit scores can often qualify for a mortgage.
How does FHA mortgage insurance near Hazleton work?
FHA mortgage insurance in Hazleton, PA provides a secure form of financing for homeowners who may not qualify for a conventional loan. FHA insurance protects the lender in the case of a foreclosure or default. The borrower typically pays an up-front fee and an annual premium which are both included in the mortgage payment. The premium is calculated as a percentage of the loan amount and decreases over the life of the loan. Additionally, the FHA has lower credit requirements compared to a conventional loan, which makes it a great option for individuals with less than perfect credit.
What are the drawbacks of USDA insurance from Hazleton mortgage insurance companies?
In Hazleton, PA, the drawbacks of USDA mortgage insurance are that, while it offers low or no down payment and flexible credit requirements, its interest rates are often higher than those of conventional loans, and the insurance increase over time, making the loan more expensive in the long run. The insurance fees, which are in addition to the closing costs, can also add significantly to the up-front costs of the loan. Lastly, certain types of property may be ineligible for a USDA loan, depending on the specific location.
In Hazleton, PA, individuals who have served in any branch of the United States Armed Forces or are currently serving may be eligible for a VA loan. U.S. national guard members and United States Military Reserve personnel who have served for 6 years or more are also able to apply. Individuals with an honorable discharge from Active Duty are also eligible for a VA loan. The surviving spouse of an individual who was killed in action may also be eligible for a VA loan.
Can I negotiate the cost of my mortgage insurance in Hazleton?
Absolutely! The cost of mortgage insurance in Hazleton, PA can often be negotiated. Before signing your mortgage agreement, make sure to ask your lender if any discounts are available or if there is any room to adjust the terms or prices. You might be able to obtain a temporary short-term waiver or a more permanent reduction in your mortgage insurance premiums. It's always worth discussing the options with your lender, and negotiating the cost of mortgage insurance can potentially save you money in the long run.
When does a Hazleton mortgage insurance policy go away?
The timing of when mortgage insurance can go away in Hazleton, PA can depend on the specific terms of your mortgage agreement. Generally speaking, mortgage insurance (MI) can go away once the loan-to-value ratio (LTV) reaches 78%. This means that the amount owed on the mortgage must be at least 22% lower than the actual value of the property. To calculate your LTV, you would divide the outstanding mortgage balance by the appraised value of the home.
Is there an online calculator for mortgage insurance from a Hazleton mortgage insurance company?
Yes, there is an online calculator for mortgage insurance available to homebuyers residing in Hazleton, PA. Our website offers a tool to easily calculate mortgage insurance that is tailored to the local market. With this calculator, potential buyers in Hazleton can estimate monthly payments for their desired home based on the current rate and loan amount. It also allows users to compare loan options so they can make an informed decision before making their purchase. With the online calculator, Hazleton homebuyers have the assurance that they're making the right decision for their needs.
Are there alternatives to mortgage insurance companies in Hazleton?
If you are a homeowner in Hazleton, PA looking for an alternative to mortgage insurance, the most popular option is private mortgage insurance (PMI). PMI is a type of policy that protects the lender if you, the borrower, default on the mortgage. It is typically required if the loan-to-value ratio of your mortgage is over 80%. PMI can be added to your monthly payments, so make sure to look into what the cost and coverage options are for you. Additionally, if you have a strong credit score, you may qualify for a mortgage where PMI is not required.
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