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 Moraga, CA
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Moraga, 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...
Mortgage insurance in Moraga, CA protects homeowners in the event that the borrower (or homeowner) stops making payments on their mortgage. Mortgage insurance may also cover the homeowner if the outstanding balance of the mortgage exceeds the value of the property or if the property is severely damaged. Mortgage insurance in Moraga, CA generally involves the payment of an annual premium in addition to the monthly mortgage payment; this premium may be paid in one lump sum or throughout the life of the loan.
How does a larger down payment affect my Moraga mortgage insurance policy cost?
A larger down payment towards a mortgage in Moraga, CA will almost always lead to reduced borrowing costs in the long run. Typically, the more money put towards the down payment, the lower the mortgage insurance cost. This then lowers the total cost of borrowing over the life of the loan, as the lender will only require a smaller loan-to-value (LTV). By having a smaller LTV, borrowers benefit by avoiding higher costs like a private mortgage insurance (PMI) premium.
Who is eligible for a private mortgage insurance policy Moraga?
In Moraga, CA, any individual purchasing a home with a loan-to-value ratio of greater than 80% is eligible for private mortgage insurance (PMI). PMI is an insurance policy that protects lenders in the event of a borrower defaulting on their mortgage, unlocking their access to competitive loan options with lower down payment requirements. This insurance is typically required for mortgages up to 95% of the purchase price; however, some lenders may even require it even when the loan is for less than 80% of the homeβs purchase price.
Who is eligible for FHA mortgage insurance near Moraga?
In Moraga, CA, all borrowers who meet the requirements of the Federal Housing Administration (FHA) are eligible for FHA mortgage insurance. This includes borrowers who meet basic credit requirements, make a 3.5% minimum down payment, have a steady income, and have no more than two 30-day late mortgage payments in the past 12 months. Additionally, potential borrowers must be able to prove their status as legal U.S residents, demonstrate that the property being purchased is their primary residence, and have a debt-to-income ratio of less than 43%.
Do Moraga mortgage insurance companies offer USDA insurance?
USDA mortgage insurance is a program that is available to qualified borrowers in Moraga, CA who are looking to finance a home in a rural area. This mortgage insurance program helps to offset a portion of the lender's risk, resulting in lower closing costs and higher deposit requirements for buyers. This program is perfect for individuals looking for lower monthly mortgage payments, as it allows them to purchase a home with minimal down payment requirements. In fact, many buyers in Moraga may be eligible for mortgage insurance as part of this program, which makes it easier to finance their dream home.
VA loans offer exclusive residential financing options for veterans and their families in Moraga, CA. Benefits of VA loans include no down payment requirement, flexible underwriting, and competitive interest rates. VA loans also typically have lower closing costs than traditional mortgage loans, and seller concessions are allowed up to 4% of the loan amount. In addition, the VA loan program allows mortgage borrowers to qualify without perfect credit, and the ability to refinance the mortgage with a streamline loan if rates later drop.
How much is mortgage insurance in Moraga?
In Moraga, CA, the cost of mortgage insurance is dependent on a variety of factors, including the mortgage amount, credit score, and the type of loan you have. Generally speaking, mortgage insurance is a percentage of your loan amount, which could be between 0.2-1%, although certain loan programs allow for premiums to be slightly higher or even lower. It's important to talk to a qualified loan officer or mortgage lender in Moraga, CA in order to calculate the exact cost of your mortgage insurance, since it can vary based on the specific loan program you qualify for.
What are the requirements to cancel my Moraga mortgage insurance policy?
To cancel mortgage insurance in Moraga, CA, borrowers must satisfy certain requirements mandated by the lender. Generally, the borrower must have at least 20% equity in the home, or the loan balance must be a certain percentage below the original value of the home. In some cases, mortgage insurance can be cancelled after the homeowner has made a certain number of on-time payments. Additionally, the lender may require proof of employment, income, credit history, and other financial records to ensure that borrowers have the financial stability to handle the mortgage without insurance.
Is there an online calculator for mortgage insurance from a Moraga mortgage insurance company?
Yes, you can use an online calculator to help estimate your mortgage insurance when living in Moraga, CA. There are several websites that you can use to calculate your estimated mortgage insurance premiums, which will give you a better idea of the cost. By inputting your location, loan amount, and other relevant data, you can quickly get a ballpark figure for mortgage insurance premiums in your area. Moreover, many local lenders in the Moraga area provide online mortgage calculators which could further help you zero in on the estimated mortgage insurance cost that you would be responsible for.
Can I opt out of services from mortgage insurance companies in Moraga?
Yes, you may be able to opt out of mortgage insurance in Moraga, CA. Most mortgage lenders require borrowers to purchase private mortgage insurance (PMI) if they are unable to make a 20% down payment. However, some lenders in Moraga, CA may offer loan programs that allow you to waive the PMI requirement if you are able to put down a larger down payment. It's important to note that the rules and regulations for mortgage insurance will vary depending on the type of loan product or program you choose.
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