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 Larkspur, CA
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Larkspur, CA 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 Larkspur, CA, the two main types of mortgage insurance are Private Mortgage Insurance (PMI) and Mortgage Insurance Premiums (MIP). PMI typically covers a traditional home loan obtained from a bank or mortgage lender, and the premiums are based on a percentage of the loan amount. In contrast, an FHA loan in Larkspur requires the borrower to have MIP, which is paid upfront and in monthly installments. MIP is paid to the Federal Housing Administration, and therefore, premiums can be uniform and not dependent on the amount of the loan.
Does the cost of a Larkspur mortgage insurance policy depend on the size of my down payment?
In Larkspur, CA, the cost of mortgage insurance is based on the size of your down payment, as well as other factors such as credit score, loan amount, and loan-to-value ratio. Generally, the larger your down payment is, the less expensive your mortgage insurance will be, as an increased down payment encourages the lender to take on less risk. However, the exact cost of mortgage insurance can vary depending on the specifics of your loan and situation.
What is a private mortgage insurance policy Larkspur?
Private Mortgage Insurance (PMI) may be required when you are purchasing a home in Larkspur, CA with less than 20% down payment. PMI is an insurance policy offered by an insurance company that protects the lender if you stop making your payments. PMI allows you to obtain a mortgage with a down payment of less than 20% and it will help to reduce your monthly mortgage payments. PMI generally costs an additional 0.5% to 1.5% of the loan amount, and varies depending on the size and type of loan you are applying for.
How does FHA mortgage insurance near Larkspur work?
FHA mortgage insurance is an important tool for responsible homeowners in Larkspur, CA, that provides access to the low down payments and more flexible credit requirements that typically characterize an FHA loan. The mortgage insurance protects the lender in the event of a borrower's default by acting as a form of coverage. FHA mortgage insurance premiums are paid in two installments. The up-front premium is calculated as a percentage of the loan amount and is payable at closing. An annual premium is also required and must be paid in full or in monthly installments as part of the monthly mortgage payment.
How do Larkspur mortgage insurance companies process USDA insurance?
USDA mortgage insurance in Larkspur, CA facilitates home ownership by reducing the risk of failure for lenders who make loans with low and moderate incomes. USDA mortgage insurance is a form of mortgage insurance that protects the lender by backing the loan with the USDA. When a borrower purchases a home with a USDA mortgage, the USDA pays the lender a portion of the mortgage balance, in the event of default. USDA mortgage insurance also helps to keep borrowing costs low by providing for a waiver of mortgage insurance premiums for those who meet certain eligibility requirements.
One of the drawbacks of a VA loan in Larkspur, CA is that it requires a higher credit score and more documentation than a conventional loan. Also, VA loans are limited to lesser amounts than other types of loans in high-cost areas such as Larkspur. Furthermore, many lenders view VA loans as higher-risk and may charge higher fees, a larger down payment or other restrictions as a result. Additionally, VA buyers may need to pay a funding fee of between 1.25-3.3% of the loan.
Are there discounts available for mortgage insurance in Larkspur?
Yes, there are discounts available for mortgage insurance in Larkspur, CA. Depending on the insurance provider, certain discounts may be available if you purchase more than one policy, bundle your coverage, take a defensive driving course or make regular payments on time. It is important to check with your local agents to make sure you are getting the best discounts available. As rates and discounts vary by provider, it is advised to shop around and compare rates to ensure you are getting the best deal.
Does the mortgage insurance termination process vary by Larkspur mortgage insurance policy?
Yes, the mortgage insurance termination process can vary by lender in Larkspur, CA. For most mortgages that require mortgage insurance, once the homeowner has achieved 20% equity in their home due to principal payments or appreciation, you can contact the lender to discuss the process of having the mortgage insurance removed. Depending on the lender and the terms of the insurance policy, they may require an appraisal or a technical review of the loan to evaluate the current condition of the loan and the borrowerโs payment history.
Can my Larkspur mortgage insurance company help me calculate my mortgage insurance cost?
Absolutely. As a Larkspur, CA resident, your lender can help guide you in calculating your mortgage insurance. At the time of your mortgage agreement, you lender should provide you with a loan estimate worksheet that will show your estimated rates for mortgage insurance. In addition, the lender may be able to provide estimated percentages and/or fees for the mortgage insurance. If you're unsure, talking to your lender is a great start. Make sure to ask questions and be clear on any calculations prior to signing on the loan agreement to avoid any hiccups in the process.
Who is required to use mortgage insurance companies in Larkspur?
Mortgage insurance is required for homebuyers in Larkspur, CA if they make a down payment of less than 20% of the home's purchase price. Homebuyers must pay for private mortgage insurance (PMI) or pay mortgage insurance premiums (MI) with loans from the Federal Housing Administration (FHA). This insurance protects lenders from potential financial losses that could result if a homebuyer defaults on their loan. Mortgage insurance also allows lenders to offer eligible homebuyers more attractive loans with lower down payment requirements in accordance with CDBG guidelines.
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