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 Piqua, OH
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Piqua, OH 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...
Picking the right mortgage insurance policy for your situation in Piqua, OH will depend on many factors. You should first determine how much coverage you need, then consider the type of policy, the cost, and the time period for coverage. Next, research your options by obtaining a homeowners insurance quote from multiple companies. Comparing the policies and understanding what is covered and what is excluded will help you choose the best policy for you. To make sure you select the most suitable policy, you should also consider consulting with a local independent insurance agent who specializes in homeowners insurance.
Does the cost of a Piqua mortgage insurance policy depend on the size of my down payment?
The cost of mortgage insurance in Piqua, OH depends partly on the size of your down payment, as a higher down payment means more equity in your home and, consequently, a lower risk to the lender. Different lenders have different standards for the amount of the down payment and the associated risk of mortgage insurance, so it is worth shopping around to get the best deal. Additionally, many mortgage insurance companies offer discounts for smaller down payments – inquire with your local Piqua, OH mortgage lender to see what discount programs may be available for you.
Do I need a private mortgage insurance policy Piqua?
Whether you need private mortgage insurance in Piqua, OH will depend on a few factors, such as the loan-to-value ratio of the property, the type of loan you take out and the amount of your down payment. Generally, PMI is usually required if you put down less than 20 percent as a down payment. You may not need PMI if you opt for a different type of loan option such as an FHA loan or a USDA loan. Be sure to discuss the different loan options with your lender to determine which one best fits your needs.
How does FHA mortgage insurance near Piqua work?
FHA mortgage insurance works to protect lenders in Piqua, OH from potential losses if the borrower defaults. It is available to both first-time and repeat buyers, and is only required if the borrower puts less than 20% down. The insurance is funded through a combination of an upfront mortgage insurance fee which is paid in cash at closing and an annual MIP (Mortgage Insurance Premium) payment. The upfront fee is usually 1.75%, and the annual fee is 0.85%.
Do Piqua mortgage insurance companies offer USDA insurance?
In Piqua, OH, USDA mortgage insurance refers to the insurance offered by the United States Department of Agriculture's Rural Development program. This form of insurance provides buyers with 100% financing to purchase a home in eligible rural areas, protects lenders against any losses in the event of a default, and allows buyers to purchase a home without a traditional down payment. It is important to note that clients must meet the income eligibility requirements for the Rural Development program, and the location of the property must qualify as a rural area in order to receive the USDA's mortgage insurance.
In Piqua, OH, one drawback of a VA loan is that it must be used to purchase a home in the approved VA loan area. Sometimes the most desirable homes or those in prime areas are not available through VA financing, which can limit a buyer's choices. Additionally, the VA Loan limit for a VA loan in Ohio is $484K, which can be a con in expensive real estate markets like Piqua, OH, where the median home price exceeds the loan limit. Furthermore, the VA will not guarantee a loan for condominium and cooperative properties.
Can I negotiate the cost of my mortgage insurance in Piqua?
Yes, it is possible to negotiate the cost of your mortgage insurance in Piqua, OH. Taking the time to shop around and compare prices from different providers can help you negotiate the most competitive rate. You should also research government-sponsored mortgage insurance programs that may be available in your area. Additionally, speaking to a local mortgage broker or banker can help you understand the different types of mortgage insurance available in Piqua, OH and what specific options may be best for your situation.
What process do I need to follow to cancel my Piqua mortgage insurance policy?
To cancel your mortgage insurance in Piqua, Ohio, there is a specific process you must follow. To begin, you must contact your lender to determine if you are eligible for cancellation. Your lender will review your account to see if you meet the criteria to cancel your mortgage insurance. Once eligibility is established, you must provide proof of timely payments and the current market value of your home in order to initiate the cancellation process. If these criteria are met and you have the required documentation your lender should be able to process your cancellation.
Is there an online calculator for mortgage insurance from a Piqua mortgage insurance company?
Yes, there is an online calculator for mortgage insurance available in Piqua, OH. Citizens Bank offers access to a helpful mortgage insurance calculator that can provide personalized results based on your individual circumstances. You simply provide basic information about mortgage size, loan-to-value, home market value, and credit score in order to calculate your monthly PMI premium and estimated tax impact. This calculator can be a helpful tool in financial planning and understanding the costs associated with mortgage insurance.
Do I need mortgage insurance companies in Piqua?
In Piqua, OH, the requirements for mortgage insurance can vary based on your lender and loan type. If you are considering a loan that requires mortgage insurance, it is important to research the details of any required insurance policy and determine if it is a good financial fit for your situation. It is also important to compare the costs of mortgage insurance to other options such as loan terms, downpayment amounts, and refinancing costs. By researching the costs of mortgage insurance and other loan options, you can make an informed decision that best fits your financial goals.
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