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 Oregon City, OR
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Oregon City, OR 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...
Choosing the right mortgage insurance policy in Oregon City, OR can be a daunting task. Fortunately, there are several resources available to help you make an informed decision. Start by researching different mortgage insurance policies online and focus on what is important to you. Additionally, your lender may have a list of insurers and policies they recommend to their customers. Consider your budget and the amount of coverage you need. Seek advice from an experienced insurance broker or financial advisor. Ask questions to find out which policy best meets your needs and consider the features and benefits of each policy.
How can I reduce my Oregon City mortgage insurance policy cost with a larger down payment?
In Oregon City, OR, a larger down payment on your mortgage can help to reduce your mortgage insurance costs. A larger down payment means that you don't have to take out as much of a mortgage loan to buy your home, and, in turn, your mortgage insurance will be lower. The more you are able to give as a down payment, the less expensive your mortgage insurance will be. Furthermore, there may be other options available for reducing the cost of your mortgage insurance in Oregon City, such as choosing a shorter-term loan or using an alternative loan product.
Do I need a private mortgage insurance policy Oregon City?
In Oregon City, OR, depending on what type of loan you take out, you may be required to purchase private mortgage insurance to cover your loan. The insurer would cover the lender should you default on the loan. Generally, if you take out a loan with a down payment of less than 20% of the home's value, private mortgage insurance is often required. It is best to speak with your lender to find out if private mortgage insurance is necessary in your circumstances.
How does FHA mortgage insurance near Oregon City work?
In the Oregon City, OR area, individuals that take out an FHA mortgage loan typically are obligated to pay an annual mortgage insurance premium (MIP) intended to insure the loan for the lender in the event of a default. The MIP amount varies, based on the type of loan, the loan amount, and the loan-to-value ratio among other factors. An upfront MIP fee will also be charged at closing. The FHA sets the current MIP rate, which determines how much you pay each year.
How do Oregon City mortgage insurance companies process USDA insurance?
USDA mortgage insurance works by providing buyers in Oregon City, OR with low to moderate income an opportunity for home ownership. The national program provides a no down payment home loan to qualified borrowers who meet the requirements set by the U.S. Department of Agriculture (USDA). The department offers a mortgage insurance premium (MIP) to the lenders to help reduce the risk of loss on the loan ensuring that the lender's investment is protected in the case of a borrower default. This MIP is designed to support rural development by allowing individuals to receive an affordable loan who otherwise would not qualify for traditional financing.
In Oregon City, OR, VA loans can offer potential homebuyers significant advantages. They provide those who are veterans, active-duty personnel or eligible spouses with a fixed-interest loan with competitive rates and few to no down payment requirements. Furthermore, VA loans do not require private mortgage insurance and there is no prepayment penalty, so you can pay off the loan early if you choose. Finally, with VA loans, you can qualify for a higher loan amount, which means you may be able to buy a larger or more expensive home.
What factors influence the cost of mortgage insurance in Oregon City?
In Oregon City, OR, the cost of mortgage insurance is influenced by several factors including the location of the property, the size of the down payment, the type of loan being offered, the length of the loan term, the buyer’s credit score, the loan-to-value ratio, and the amount of coverage needed. Location is especially important because lending rates and home values vary from one region to the next. For example, the cost of mortgage insurance may be higher in an urban area that has a higher cost of living because lenders factor in the risk that home values could go down.
What are the requirements to cancel my Oregon City mortgage insurance policy?
In Oregon City, OR, a homeowner typically must meet specific requirements to successfully cancel mortgage insurance. Homeowners are generally required to show proof that they have made on-time mortgage payments for a set amount of time and that their equity in the property now makes mortgage insurance unnecessary. Furthermore, the property itself must also satisfy certain requirements, such as being more than two years old and up to date on taxes and county property records. Overall, cancelling mortgage insurance in Oregon City, OR requires meeting a set of specific qualifications that must be met.
Can my Oregon City mortgage insurance company help me calculate my mortgage insurance cost?
Yes, most lenders in Oregon City, OR can help you calculate your mortgage insurance. For instance, Bank of Oregon, Widmer Mortgage Lending, and Umpqua Bank are a few of the local lenders that have mortgage loan officers knowledgeable about mortgage insurance and how to calculate it. If you are unsure of which lender to use, you can contact the Oregon Department of Banking and Finance's Division of Financial Regulation for assistance.
Are there alternatives to mortgage insurance companies in Oregon City?
Yes, in Oregon City, OR there are alternatives to mortgage insurance. One option is to arrange a lender-paid mortgage insurance plan, where the lender pays the cost of the mortgage insurance. This type of plan is available depending on your credit score and loan-to-value ratio. Another option is for the borrower to make a larger down payment, which eliminates the need for mortgage insurance. A third option is to take out a “piggyback” loan, which combines a public or private mortgage insurance policy with traditional financing.
Other locations near Oregon City, OR
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