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 Overland Park, KS
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Overland Park, KS 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...
Homeowners in Overland Park, KS may have access to several types of mortgage insurance. Private Mortgage Insurance (PMI) is a type of insurance that typically applies when conventional loan borrowers put down a down payment less than 20%. Other types of mortgage insurance, such as FHA, VA, and USDA are also available for buyers throughout Overland Park and they may feature different requirements and benefits such as reduced down payment and closing costs. FHA insurance is offered through the Federal Housing Administration and may be available to buyers with a lower credit score and less than 20% down payment.
Can I avoid a Overland Park mortgage insurance policy with a larger down payment?
Yes, in Overland Park, KS, you can avoid mortgage insurance with a larger down payment. Generally, lenders require a minimum of 20% down payment in order to waive the mortgage insurance. If you are willing to make a larger down payment, you could potentially have your mortgage insurance waived and save thousands in the long run. If you need help deciding what size down payment might be right for you, there are plenty of trusted mortgage professionals in Overland Park who can help you.
What is a private mortgage insurance policy Overland Park?
Private mortgage insurance (PMI) provides protection for lenders in Overland Park, KS and other locations in case a borrower is unable to repay their loan. It is typically required on conventional loans with less than 20% down and protects the lender in case of default. The cost of PMI varies by loan type, but it can range from 0.3-1.5% of the loan amount and is typically paid monthly. PMI is a worthwhile investment for borrowers, as it can make homeownership possible for those who might not otherwise be able to afford a down payment.
What are the benefits of FHA mortgage insurance near Overland Park?
FHA mortgage insurance in Overland Park, KS can provide homebuyers with many advantages. First, FHA loans are typically much easier to qualify for than conventional mortgages. Additionally, FHA loans allow for significantly smaller down payments, often as low as 3.5% of the total loan amount, which can be helpful for first-time homebuyers or those with limited savings. Finally, FHA mortgage insurance rates tend to be lower than those of private mortgage insurers, meaning you could save money on your monthly payments.
Do Overland Park mortgage insurance companies offer USDA insurance?
USDA loans are available to eligible borrowers in Overland Park, KS who are looking for an affordable way to finance a home purchase. USDA mortgage insurance, sometimes referred to as the Annual Fee, is a one-time fee paid to the USDA to insure your loan. This fee helps keep borrowing costs low for families and individuals. The Annual Fee is required to be paid upfront or may be incorporated into the loan amount. Normally, it is 1% of the loan amount, but may be more or less depending on the property type you are wanting to purchase.
In Overland Park, KS the VA Funding Fee is calculated based on loan type and use, borrower type, and other eligibility criteria established by the U.S. Department of Veterans Affairs. Generally, the VA Funding Fee ranges from 0.5% to 3.3% of the loan amount, depending on type, borrower type, the number of prior VA loans, and other factors. It is essential for veterans to understand the fee when deciding to pursue a VA home loan to ensure they are making the best decision for their personal financial situation.
Are there discounts available for mortgage insurance in Overland Park?
Yes, homeowners in Overland Park, KS may be eligible for discounts on mortgage insurance. All homeowners must meet certain eligibility requirements, such as buying a home in Overland Park, KS, and purchasing insurance from an approved insurance provider. Discounts may be available depending on your specific circumstances, such as the size of your mortgage loan, the value of your home, and your overall credit history. Homeowners are encouraged to speak with an insurance provider to learn more about potential savings opportunities.
What are the requirements to cancel my Overland Park mortgage insurance policy?
To discontinue mortgage insurance in Overland Park, KS, the homeowner must first have no late payments for at least 12 months and their loan-to-value ratio must be below 78 percent. Additionally, they should have a minimum of $5,000 equity in their property. Moreover, a current, full appraisal must be performed and underwritten to determine the total loan-to-value percentage. Furthermore, mortgage insurance cancellation is subject to lender approval and policies.
How do I calculate mortgage insurance for a Overland Park mortgage insurance company?
The best way to calculate mortgage insurance in Overland Park, KS is to consult with a local financial advisor. They will be knowledgeable about all of the local lending requirements in the area and can best assess your financial needs to determine what type of mortgage insurance is right for you. Once you've identified the type of mortgage insurance that is best for your individual situation, an advisor can help you calculate the cost associated with the policy. Additionally, they may be able to help you compare different policies to ensure you're getting the best coverage for the best rate.
Are there alternatives to mortgage insurance companies in Overland Park?
In Overland Park, KS, there are a few alternatives to mortgage insurance. Homeowners in the area may be eligible for mortgage indemnity insurance, which can be paid for by the borrower on conventional loans, or by the lender, such as traditional FHA loans. For FHA loans, this insurance protects the lender when a borrower defaults. Furthermore, a borrower may also opt for disability or unemployment insurance. This type of insurance pays the mortgage if the borrower turns out to be unable to due to disability or job loss for more than 90 days.
Other locations near Overland Park, KS
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