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 Jenks, OK
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Jenks, OK 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...
Mortgage insurance in Jenks, OK works to help protect lenders in the event of borrower default. It usually requires borrowers with less than 20% down payment or equity in their home to purchase insurance for their loan. The insurance either covers the full loan, or only the difference between your down payment and the maximum loan amount allowed, if applicable. Mortgage insurance premiums are paid on a monthly basis as part of your mortgage payment.
Does the cost of a Jenks mortgage insurance policy depend on the size of my down payment?
Yes, the cost of mortgage insurance in Jenks, OK can depend on the size of your down payment. Generally, the larger the down payment you make, the lower the cost of mortgage insurance. This is because mortgage insurance companies will often reduce your premium for a larger down payment the more you pay upfront, the less risk they have to cover. Depending on your circumstances and the type of loan you are using, lenders may require you to have private mortgage insurance if you can't put 20% or more down.
Who is eligible for a private mortgage insurance policy Jenks?
In Jenks, OK, eligibility for private mortgage insurance is typically based on a number of factors, including the amount of the loan, the borrower's credit score, and the down payment amount. Generally, in order to qualify for private mortgage insurance in Jenks, the loan recipient should have a credit score of at least 680, and the down payment amount should be a minimum of 20%. Additionally, the loan amount should be under the relevant conforming loan amount limit, which is the maximum loan amount for any individual when presented before a loan underwriter for approval.
How does FHA mortgage insurance near Jenks work?
In Jenks, OK, FHA Mortgage Insurance protects lenders and helps buyers receive a loan regardless of their down payment size. It is required for all loan terms over 15 years, and covers all FHA loan amounts with an insurance premium. After closing on an FHA loan, the buyer will pay mortgage insurance premiums (both an upfront and annual premium) and the lender will collect these funds and remit them to an insurance fund. If the homeowner fails to make payments and enters into default, FHA mortgage insurance covers the remainder of the costs, allowing the lender to outweigh any losses.
How do Jenks mortgage insurance companies process USDA insurance?
USDA mortgage insurance in Jenks, OK works in a similar fashion to traditional homeowner's insurance. It guards borrowers against losses in the event of default or foreclosure by paying a portion of the lender's loss. When applying for a USDA mortgage in Jenks, OK the borrower pays an upfront guarantee fee that is then split into two parts: an upfront guarantee fee and an annual fee. This fee is applied in a concentrated form, which makes it easier for borrowers to budget. The annual fee is calculated as a percentage of the average outstanding balance on the loan, and the amount is adjusted annually.
In Jenks, OK, Veterans who have served at least 181 days of active duty and other military members who meet the eligibility requirements are eligible to apply for a VA loan. All active duty military personnel, reservists, and National Guard members may qualify if their service meets the requirements. VA loans may also be available to certain spouses of military members who are considered missing in action or deceased due to service. The loan must be for a primary residence which includes a house, mobile home, or condominium.
Are there discounts available for mortgage insurance in Jenks?
Yes! At our Jenks, OK location, we are proud to offer discounts on mortgage insurance for our valued customers. Whether you are a first-time homebuyer, looking to refinance, or paying off your mortgage, you can take advantage of discounted rates for your mortgage insurance coverage. As a leader in mortgage insurance in the Jenks area, our team is here to provide you with the best deals available. Reach out today to learn more about how you can lower your overall costs and start saving money today!
Does the mortgage insurance termination process vary by Jenks mortgage insurance policy?
In Jenks, OK, the mortgage insurance termination policy does vary by lender. It is important to understand the specific terms of your mortgage agreement and the associated policies of the lenders when it comes to terminating mortgage insurance. For example, some lenders may require proof of sufficient home equity or an appraisal report before the insurance can be cancelled. Additionally, the timeframe of the process may also differ between lenders, as some may require notice 30 days in advance, while others may require as much as 90 days.
What factors are considered when calculating mortgage insurance for a Jenks mortgage insurance company?
When considering mortgage insurance for a Jenks, OK property, there are many factors to consider. These factors can include the borrowers credit score, the loan-to-value ratio, the type of mortgage rate, the loan term, the loan size, and the borrowerโs ability to pay. Additionally, the amount of mortgage insurance a homeowner is required to pay is based on the market value of the home. Most lenders also will require an appraisal prior to providing a mortgage loan in order to determine the current market value.
Who is required to use mortgage insurance companies in Jenks?
In Jenks, Oklahoma, anyone who finances a home through a mortgage with less than 20% down payment must have mortgage insurance. This applies to all buyers in Jenks, regardless of their loan type. Mortgage insurance safeguards the lender in case the homebuyer defaults on their loan. Mortgage insurance may be paid with an upfront single payment or, as part of the monthly mortgage payments, and is usually paid to a third party. FHA loans and VA loans come with mandatory mortgage insurance, regardless of the loan to value ratio.
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