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 Pittsburg, KS
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Pittsburg, 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...
In Pittsburg, KS, home owners have many options when it comes to mortgage insurance. Common types of mortgage insurance include private mortgage insurance (PMI), mortgage protection insurance (MPI), and mortgage payment protection insurance (MPPI). PMI is a type of insurance paid by the borrower to protect the lender in case of default; MPI covers the mortgage payments in the event of job loss, disability, or other covered events; and MPPI pays some or all mortgage payments in the event of an involuntary job loss, temporary disability, or death.
What is the minimum down payment to avoid a Pittsburg mortgage insurance policy?
The minimum down payment to avoid mortgage insurance in Pittsburg, KS is usually 20-25%. However, this percentage can vary based on credit score, loan type, and other factors. Some lenders may offer different down payment thresholds that may allow you to avoid mortgage insurance. It is best to consult with a lender in your area, such as a Pittsburg, KS bank, to determine the most optimal down payment that fits your needs. It is also important to consider any additional costs associated with mortgage insurance to help make the best decision for your financial future.
Who is eligible for a private mortgage insurance policy Pittsburg?
In Pittsburg, KS, borrowers who do not have a 20% down payment of the purchase price of the home they are looking to buy may be eligible for private mortgage insurance (PMI). Typically, PMI covers up to 80% of the cost of the loan for buyers who are not able to cover the 20% down payment with cash. However, eligibility for PMI is determined by the mortgage lender and typically depends on factors like credit score and income. Otherwise qualified buyers should speak with a qualified mortgage lender in Pittsburg for more information.
What are the benefits of FHA mortgage insurance near Pittsburg?
FHA mortgage insurance in Pittsburg, KS offers a variety of benefits to homebuyers. To start, the Federal Housing Administration (FHA) requires loans to have a minimum down payment of only 3.5%, which can give buyers more buying power. Additionally, FHA loans have flexible eligibility requirements, so most people can qualify. Furthermore, FHA-backed loans feature low interest rates and relaxed credit score requirements, opening up homeownership to many people who would otherwise not qualify for loans.
What are the drawbacks of USDA insurance from Pittsburg mortgage insurance companies?
In Pittsburg, KS, potential drawbacks of obtaining a USDA mortgage insurance could include price fluctuation, burden on income requirements, and particularly challenging credit requirements. Such mortgages rely on current market rates, meaning your loan could cost you more if rates rise. USDA also has strict income limits, capping the amount of annual income you can have to qualify. Finally, USDA loan credit scores are 655 minimum, potentially making it harder for those with blemished credit histories to qualify for the loan.
In Pittsburg, KS, individuals or families looking to purchase a home with a VA loan should be aware that these loans may come with certain drawbacks. One potential issue is that VA loan rates are often higher than down payment mortgage rates. Also, lenders must approve VA loans through the Department of Veterans Affairs, an approval process that can take some time. Furthermore, the borrower may need to pay closing costs that are normally covered or paid by the seller in regular mortgage transactions.
Are there discounts available for mortgage insurance in Pittsburg?
In Pittsburg, KS, discounts may be available for mortgage insurance depending on your current situation. It's always a good idea to inquire with your insurance provider to determine if any discounts could apply to you. Local providers may also have additional discounts available, so it's worth shopping around for the best deal. When considering discounts, you should take into account factors like your credit score, loan-to-value ratio, the age of the borrower, or other criteria for eligibility. Additionally, taking other measures to protect your property and maintain good credit can lower your mortgage insurance premiums.
When does a Pittsburg mortgage insurance policy go away?
Mortgages in Pittsburg, KS typically require borrowers to carry insurance until a certain balance is paid off. Generally this is the same as the purchase price of the home, but it can differ, depending on the criteria set by the lender. Generally, mortgage insurance will go away once the balance is paid off to a certain amount, which is typically 80-95% of the total purchase price of the home.
What factors are considered when calculating mortgage insurance for a Pittsburg mortgage insurance company?
When calculating mortgage insurance for Pittsburg, KS, lenders generally evaluate a number of important financial factors, such as the borrower's credit score, loan amount, interest rate, and down payment size as well as the home's appraised value and insurance costs. Additionally, lenders often investigate the borrower's debt-to-income ratio and the type of property being purchased. Ultimately, the insurance rate is determined based on an assessment of all these factors and can vary significantly based on the individual circumstances.
Can I opt out of services from mortgage insurance companies in Pittsburg?
In Pittsburg, KS, the answer to your question about opting out of mortgage insurance is a resounding yes. There are several factors to consider, such as the amount of money you have for down payment, the type of loan you use, and of course, your credit score. As long as you are able to cover the mortgage balance with cash at the closing and you have excellent credit, you may be able to qualify for a loan without requiring mortgage insurance. Your lender may also provide you with options to reduce mortgage insurance if you don't have the funds up front.
Other locations near Pittsburg, 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