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 Middleton, WI
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Middleton, WI 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 is an important part of the home buying process, especially for those in the Middleton area. With the cost of homes increasing, having an additional layer of financial protection adds a sense of security. In the event of an unexpected job loss or illness, mortgage insurance eliminates the worry of being unable to make payments. It also helps reduce a mortgage lender's financial risk when lending to a homebuyer, and in turn, makes it easier for those looking to purchase a home in Middleton to secure a loan.
How does a larger down payment affect my Middleton mortgage insurance policy cost?
A larger down payment in Middleton, WI can lead to a significant decrease in mortgage insurance cost, as a lower loan-to-value ratio will usually require less protection for the lender. Depending on the bank, lenders may require a minimum down payment of 5-10% of the purchase price, and may require additional money if the borrower's loan-to-value ratio is greater than 80%. Ultimately, the amount of money you put down not only affects the cost of your mortgage insurance, but may also determine the terms of the loan, including the loan amount and the interest rate.
What are the benefits of having a private mortgage insurance policy Middleton?
Private mortgage insurance (PMI) offers a great benefit to homebuyers in Middleton, WI, who are unable to put down the traditional 20% down on a mortgage. PMI can help protect you from default, meaning you won't suffer a financial loss if a borrower defaults on the loan. Additionally, in Middleton, WI, it can reduce the amount of cash you need to close on a house, allowing you to be able to purchase a home sooner. PMI makes it easier to qualify for a loan, where typically a low down payment can make it more difficult.
What are the benefits of FHA mortgage insurance near Middleton?
FHA mortgage insurance can offer many benefits for homebuyers, especially those in Middleton, WI. FHA mortgage insurance provides stability through competitive interest rates, offers more flexible credit requirements, and allows for more down payment flexibility. In Middleton, WI, FHA mortgage insurance also provides access to grant programs that can assist with down payment costs. The FHA mortgage insurance program also offers protections for borrowers, such as no prepayment penalties and more generous loan limits and credit score requirements.
What are the drawbacks of USDA insurance from Middleton mortgage insurance companies?
One potential drawback to USDA mortgage insurance in Middleton, WI, is getting financing. As an eligible rural area, Middleton is subject to the USDA's financing terms which may be different than those found in larger cities or more popular tourist areas. Additionally, there may be downpayment and closing cost requirements that are not seen in other loan types. Lastly, the mortgage interest rate on a USDA loan may be slightly higher than other loan types.
In Middleton, Wisconsin, anyone who has served in a branch of the United States military and has an honorable discharge is eligible for a VA loan. Furthermore, individuals who qualify as the spouse of a service member are also eligible for a VA loan. Additionally, certain Reservists and National Guard members also qualify for a VA loan. Note that credit and income eligibility requirements still apply, even for those who meet the service requirements.
What factors influence the cost of mortgage insurance in Middleton?
The cost of mortgage insurance in Middleton, WI is influenced by local housing prices, the local job market, and a variety of other factors, such as the size of the down payment, the amount of loan origination fees charged, and the size of the loan itself. Interest rates, mortgage length, and the borrower's credit score also play a role in determining the cost of mortgage insurance in Middleton. When multiple factors come together, they determine the cost of a mortgage plan that works best for a middleton homeowner.
What are the requirements to cancel my Middleton mortgage insurance policy?
To cancel your mortgage insurance in Middleton, WI, you must have your lender confirm that your loan is at least 80% of the original value of the home and any other mortgage loans have been paid in full. Additionally, your mortgage must be at least 5 years old, with no payments more than 30 days late in the last year and no other liens against the house. Once you have met these requirements, your lender will cancel or terminate the mortgage insurance and you can proceed with relevant paperwork.
Can my Middleton mortgage insurance company help me calculate my mortgage insurance cost?
Your lender in Middleton, WI can certainly help you calculate your mortgage insurance. They are highly experienced in doing so and have been helping homeowners with their mortgage needs for many years. Your lender can provide you with an initial mortgage insurance estimate as well as an accurate calculation of your premium and any ongoing costs associated with the insured amount. Depending on the lender, they may also be able to offer you special options or assistance when it comes to evaluating your mortgage insurance.
Who is required to use mortgage insurance companies in Middleton?
Home buyers in Middleton, WI who are making a down payment of less than 20% of the total loan amount are required to obtain mortgage insurance. This consists of private mortgage insurance (PMI) or Mortgage Insurance Premiums (MIP). The lender will typically arrange for the mortgage insurance, deduct the annual premium from the borrower's monthly payments, and submit payments to the insurer. Mortgage insurance is designed to protect the lender in case of default by the borrower.
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