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 Piedmont, CA
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Piedmont, 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 Piedmont, CA provides you with assurance that your home loan is covered in the event of default. It is an insurance policy that protects the lender by paying off the remaining balance of the loan if the homeowner fails to complete their payments due to unexpected events, such as job loss or illness. It is generally required if a borrower has a down payment of less than 20% and is necessary to protect the lender from any financial losses. Mortgage insurance rates vary depending on the size of the loan and the credit score of the borrower, and may also vary from lender to lender.
How does a larger down payment affect my Piedmont mortgage insurance policy cost?
The amount of your down payment is an important factor when considering the cost of mortgage insurance in Piedmont, CA. Generally, the larger the down payment, the lower the mortgage insurance cost. Making a larger down payment reduces your loan-to-value (LTV) ratio, which is the amount owed on your mortgage loan compared to the value of your home. A lower LTV ratio is beneficial because it can lead to lower interest rates or waived mortgage insurance costs.
Who is eligible for a private mortgage insurance policy Piedmont?
In Piedmont, California, individuals who want to invest in a home may qualify for private mortgage insurance (PMI). Generally, PMI applies to people who put less than 20% down on the purchase of a home. It can also apply to people who take out a second mortgage or a home equity loan for more than 80% of the homeβs value. PMI may be required for potential buyers who possess a limited or poor credit history, have foreign-earned income, are self-employed, or are buying a home in an area prone to natural disasters.
What are the benefits of FHA mortgage insurance near Piedmont?
Homeowners in Piedmont, CA may benefit from FHA mortgage insurance coverage in several ways. FHA mortgage insurance offers advantages such as more flexible credit requirements, allowing borrowers with limited credit histories or higher debt-to-income ratios to become eligible for home financing. Additionally, FHA mortgage insurance can help reduce closing costs and even allow for a lower down payment. Finally, FHA mortgage insurance provides protection for lenders for losses associated with loan defaults, allowing lenders to offer better terms on their loan products.
Who is eligible for USDA insurance from Piedmont mortgage insurance companies?
Residents of Piedmont, California can be eligible for the United States Department of Agriculture Mortgage Insurance program if they meet all of the program's guidelines. To qualify, an applicant must be a resident of a rural area and must have an adequate credit score and income. In addition, applicants must have sufficient development funds available and meet other requirements. The applicant must also show an ability to pay the full amount of the loan over the life of the loan. Finally, applicants must also provide proof of occupancy of the property.
The VA funding fee is a one-time fee charged to qualified Veterans to help fund the VA loan program. In Piedmont, CA, the funding fee ranges from 1.25%-3.3% depending on the type of loan and Veteran status. For example, Disabled Veterans and the surviving Spouses of Veterans who died in service or as a result of service-related disabilities are exempt from the funding fee. Keep in mind, this fee is not required to be paid by Piedmont residents upfront and can often be rolled into the loan, which reduces the upfront cost of the loan.
Are there discounts available for mortgage insurance in Piedmont?
Residents of Piedmont, CA may be eligible for discounts on mortgage insurance depending on their specific situation. For instance, many providers offer reduced rates for military families, veterans, first responders, and medical professionals. Offers may also be extended to Piedmont residents with a history of good credit and payment history. To find out if you qualify for any discounts, it's best to reach out to a qualified mortgage insurance specialist, such as those at Piedmont Insurance Services, to discuss possible options and assess your eligibility.
Can I cancel my Piedmont mortgage insurance policy early?
Yes, it is possible to cancel your mortgage insurance early in Piedmont, CA. Depending on your exact type of loan and lender requirements, you may be able to get your mortgage insurance eliminated after two years by providing proof of a 20% equity in the property. Alternatively, you might be able to remove mortgage insurance sooner by refinancing your loan. It's important to consult with your lender to determine the eligibility requirements and potential benefits of cancelling your mortgage insurance early.
How do I calculate mortgage insurance for a Piedmont mortgage insurance company?
To calculate mortgage insurance in Piedmont, CA, homeowners must consider the terms of their mortgage loan, their loan-to-value ratio, credit score and down payment. Homeowners should contact a mortgage lender in Piedmont to determine their mortgage insurance rate, which may vary based on the type of loan and the size of their down payment and loan.
Do I need mortgage insurance companies in Piedmont?
In order to determine whether or not you need mortgage insurance in Piedmont, California, you would need to assess your overall financial situation and speak with a mortgage lender. Generally, mortgage insurance is required when a homebuyer makes a down payment of less than 20% of the home's purchase price. Mortgage insurance can provide some protection if you are unable to pay your mortgage payments due to unemployment, disability, or death. Additionally, the specific details of the mortgage agreement you make with your lender could also determine whether or not you are required to purchase insurance.
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