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 Kerrville, TX
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Kerrville, TX 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 Kerrville, TX is insurance designed to protect the lender from losses they may incur if the borrower fails to repay their mortgage. It is typically paid for in either a one-time premium or through monthly installments, and is separate from homeowners' insurance and other types of property insurance. A primary benefit of carrying mortgage insurance is that it allows buyers who don't have a 20% down payment to qualify for a home loan, giving first-time homebuyers the ability to purchase their first home and build equity more quickly.
What is the minimum down payment to avoid a Kerrville mortgage insurance policy?
The minimum down payment to avoid mortgage insurance in Kerrville, TX is typically 20% of the purchase price of the home. However, certain lenders may provide options requiring less than 20%, and some federal lending programs may not require mortgage insurance at all. Local lenders in Kerrville should be consulted in order to determine the most beneficial and cost effective option. Depending on the loan type, creditworthiness and other factors, there may be opportunities to secure a loan with a down payment of 5% or even less.
What are the benefits of having a private mortgage insurance policy Kerrville?
Private Mortgage Insurance (PMI) can provide a number of benefits to those living in Kerrville, TX. PMI can help borrowers secure loans with lower down payments. This could allow borrowers to purchase a home who might not otherwise have access to home ownership in the area. Additionally, PMI can also offer certain tax benefits, such as the ability to deduct payments made on an annual basis. PMI could also help those interested in reducing their monthly payments.
What are the drawbacks of FHA mortgage insurance near Kerrville?
One of the drawbacks of FHA mortgage insurance for residents of Kerrville, TX is that there is a limit to the amount of money eligible for an FHA-backed loan. Additionally, if you go over the FHA loan maximum, you can expect to pay private mortgage insurance (PMI). PMI is protection for the lender in case of any default on the loan and can add to your monthly payments, which can be a disadvantage to those who live in an area with rapidly rising real estate prices, such as Kerrville.
Do Kerrville mortgage insurance companies offer USDA insurance?
USDA mortgage insurance is available to people in Kerrville, TX who are looking to purchase a home in a rural or suburban area. This program provides benefits to homebuyers, such as money saved due to lower interest rates and no down payment requirements. USDA mortgage insurance helps keep monthly mortgage payments much lower than what you'd pay for a regular mortgage and it can even offer closing cost assistance. This assistance helps buyers take ownership of their new home faster and with less money up front.
The funding fee for a VA loan depends on several factors, including the type of loan you wish to get and your specific situation (e.g. military service, down payment strategies, etc). If you're located in Kerrville, TX you can get in contact with a lender such as Broadview Mortgage, who is certified by the Department of Veterans Affairs (VA) to help you determine your exact VA loan funding fee. Broadview Mortgage will assess things like your military experience, financial situation, and other information to properly calculate your fees.
What factors influence the cost of mortgage insurance in Kerrville?
There are a few key factors that play into the cost of mortgage insurance for home buyers in Kerrville, TX. Property specifications, such as location, size, and condition of the home, can influence rates. Loan-to-value ratio (LTV), which is based on your credit score, the amount you're borrowing and the value of the home, is also a consideration. Finally, the type of loan you have, whether conventional or non-conventional, can dictate the cost of mortgage insurance.
Does the mortgage insurance termination process vary by Kerrville mortgage insurance policy?
Yes, the mortgage insurance termination process can vary by lender in Kerrville, TX. Each lender has their own processes for termination of mortgage insurance, which may include the borrower paying a certain amount of their loan off or meeting certain criteria. It is important for borrowers in Kerrville, TX to check with their specific lender for their individual requirements regarding the mortgage insurance termination process, as it may differ from one lender to another.
Can my Kerrville mortgage insurance company help me calculate my mortgage insurance cost?
Yes, your lender can certainly help you calculate your mortgage insurance in Kerrville, TX. To get the process started, your lender will need to know the specific conditions of your mortgage, including the amount of the loan, the term length, the interest rate, and any other form of protection you may have. The lender will even be able to tell you what your monthly costs will be. With the right information from you, your lender can use its own calculator or a calculator available on the internet to determine your mortgage insurance rate.
Who is required to use mortgage insurance companies in Kerrville?
In Kerrville, TX, anyone who is considering taking out a mortgage loan on a single-family home, manufactured home, condominium, or other individual residential dwelling is usually required to have mortgage insurance. Mortgage insurance is a type of insurance policy that is designed to protect the lender from potential losses associated with a borrower defaulting on their home loan. Typically, the borrower is responsible for paying the mortgage insurance premiums.
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