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 Kailua (Hawaii County), HI
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Kailua (Hawaii County), HI 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 Kailua, HI can provide important coverage for homeowners, as it helps to cover the cost of a home loan if a loan borrower dies, becomes disabled, or experiences a decline in their income. It is important to understand how mortgage insurance works in order to make a sound decision about whether it is necessary and beneficial. In Kailua, the cost of mortgage insurance is determined by the amount, term, and type of home loan, as well as the size of the down payment.
What is the minimum down payment to avoid a Kailua (Hawaii County) mortgage insurance policy?
In Kailua (Hawaii County), HI, the minimum down payment to avoid mortgage insurance is typically 20% of the purchase price. However, it is possible to get a loan with a lower down payment and still avoid mortgage insurance. There are various loan programs that allow you to put down as little as 3.5%, such as FHA loans and VA loans, as well as USDA loans, which allow qualified buyers to purchase a home with no down payment at all.
Do I need a private mortgage insurance policy Kailua (Hawaii County)?
In Kailua, Hawaii County, whether or not you need private mortgage insurance can depend on the particular loan you're getting. Generally, lenders require it if you're borrowing more than 80% of the purchase price of the house. While it can add to your costs, PMI also allows you to secure a loan with a more favorable interest rate. If you're able to provide at least 20% of the purchase price as a down payment, or if you can get the seller to pay some of the closing costs, then you may not need to pay for private mortgage insurance.
What is FHA mortgage insurance near Kailua (Hawaii County)?
FHA mortgage insurance in Kailua (Hawaii County), HI is a type of mortgage insurance meant to provide better accessibility to home financing opportunities for those with lower incomes. FHA insurance will pay a portion of any outstanding balance if the buyer is unable to pay their mortgage, offering a little extra security to those who may not otherwise qualify for a loan. It is also a requirement for any loans obtained through the Federal Housing Administration.
How do Kailua (Hawaii County) mortgage insurance companies process USDA insurance?
USDA mortgage insurance is available in Kailua (Hawaii County), HI and works to ensure that rural homebuyers can obtain affordable financing with little or no money down. USDA Mortgage Insurance provides two types of mortgage insurance: an upfront premium and an annual premium. The upfront premium is a one-time fee that is currently based on 1.0% of the loan amount and is typically paid by the borrower at the time of closing. The annual premium is paid each year thereafter and varies depending on the length of the loan, amount of debt consolidation, loan type, and other factors.
Generally speaking, the VA funding fee is an upfront fee charged by the Department of Veterans Affairs (VA) to a borrower who is taking out a loan guaranteed by the VA. The VA funding fee in Kailua (Hawaii County), HI is determined by the type of home loan the borrower is taking out – either a traditional VA loan or a VA streamline refinance loan – and the borrower’s category (Veteran, Active Duty military member, Reserves/National Guard, or Surviving Spouse).
How much is mortgage insurance in Kailua (Hawaii County)?
Mortgage insurance costs vary depending on location and other factors. For those looking to purchase a home in Kailua, Hawaii County (HI), mortgage insurance premiums depend on the amount of the loan and the borrower's credit score. Generally, the higher your credit score and the lower the loan amount, the lower your monthly mortgage insurance premium will be. Additionally, premium rates often vary depending on whether you are buying a single-family or multi-family home. Lastly, if you are buying a home with less than 20% down, you may need to pay a higher premium.
What are the requirements to cancel my Kailua (Hawaii County) mortgage insurance policy?
To cancel your mortgage insurance in Kailua (Hawaii County), HI, you must satisfy certain requirements. Generally speaking, mortgage insurance can only be cancelled if you have paid off your loan, reached a certain loan-to-value ratio, or obtained a home equity line of credit to pay off your debt. You may also qualify for cancellation if you've successfully applied for a subordinate lien to secure another debt. Some lenders may require you to provide proof that you’ve made all payments on time or undergone a home appraisal that shows the home is worth enough to cover your loan balance.
Is the mortgage insurance calculation method the same for every Kailua (Hawaii County) mortgage insurance company?
No, the mortgage insurance calculation methods can vary across lenders. For instance, in Kailua, Hawaii County, lenders may use different factors when calculating mortgage insurance, such as the loan-to-value ratio, the borrower's credit score, and the length of time the borrower has had the loan. As a result, the amount of insurance and the cost of it may vary between lenders. It's a good idea to compare different lenders and ask questions about their mortgage insurance policies before committing to a particular lender.
What happens if I don't use mortgage insurance companies in Kailua (Hawaii County)?
If you are considering buying a home in Kailua (Hawaii County), HI and do not obtain mortgage insurance, you are taking on a considerable risk. Without the additional protection of mortgage insurance, you could be financially liable for the total balance of the mortgage loan in the event of a default. Furthermore, preapproved mortgages may become null and void, if the borrower does not obtain insurance. Consulting with a local mortgage broker can help you identify the right mortgage insurance product for your budget and individual circumstances.
Other locations near Kailua (Hawaii County), HI
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