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 Sandy Springs, GA
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Sandy Springs, GA 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 is particularly important in Sandy Springs, GA, where real estate prices are generally higher than the national average. Not only do homebuyers rely on mortgage insurance to protect their investment, but it also gives them peace of mind that their loan will be paid even if unexpected economic circumstances arise. Mortgage insurance also makes it easier for lenders and homebuyers to come to an agreement since lenders know that in the event of a default, they will be able to at least partially recover their investment. Ultimately, mortgage insurance is an invaluable protection for anyone looking to purchase a home in Sandy Springs or elsewhere.
How can I reduce my Sandy Springs mortgage insurance policy cost with a larger down payment?
Making a larger down payment can help save money on mortgage insurance costs both in Sandy Springs, GA and elsewhere. Depending on the loan type and lender, a down payment of 20% or more will allow you to avoid paying for private mortgage insurance (PMI). If 20% is not feasible for your budget then try a loan with a smaller down payment and ask if there are other options available for reducing or eliminating the need to pay for PMI in Sandy Springs. Additionally, including closing costs and/or prepaid interests in the loan may reduce the mortgage insurance cost.
What is a private mortgage insurance policy Sandy Springs?
Private Mortgage Insurance (PMI) is an insurance policy required by mortgage lenders for certain loans that help mitigate the risk associated with such loans. In Sandy Springs, GA, PMI is commonly required for conventional loans with a loan-to-value ratio over 80%. The homeowner must pay for the policy, and the monthly premium is typically added to the homeowner's mortgage payment or is taken directly out of the escrow account. Although the cost varies depending on the type of loan, homeowners in Sandy Springs typically pay anywhere from 0.3% to 1.
What is FHA mortgage insurance near Sandy Springs?
FHA Mortgage Insurance is a type of loan insurance that offers a lower down-payment option for homebuyers in Sandy Springs, GA. This loan insurance allows for a down-payment as low as 3.5% of the home's purchase price and are ideal for first-time home buyers who may not have the typical 20% saved for a down-payment. FHA Mortgage Insurance is offered from the Federal Housing Administration which is a division of the U.S. Department of Housing and Urban Development.
What are the drawbacks of USDA insurance from Sandy Springs mortgage insurance companies?
In Sandy Springs, GA, the drawback of USDA mortgage insurance is that although it allows access to home ownership options in rural areas, there are income and purchase price limits. Additionally, other fees can add up over time, such as an upfront fee, an annual premium, and any associated closing costs. Finally, the USDA mortgage insurance program provides borrowers with a 30-year fixed-rate loan, but lacks the flexibility of other alternative loan products, such as adjustable-rate and interest-only mortgages.
In Sandy Springs, Georgia, anyone who serves or has served in the US Military (Active Duty, Reservist, National Guard, Coast Guard, Veteran or Retired) is eligible to take out a VA loan. Additionally, surviving spouses of military members who have died in the line of duty, unmarried surviving spouses of veterans who have died from service-connected disabilities, and certain have public service employees can qualify for a VA loan. In order to qualify, you will need to obtain a Certificate of Eligibility (COE).
Can I negotiate the cost of my mortgage insurance in Sandy Springs?
Yes, you can negotiate the cost of your mortgage insurance in Sandy Springs, GA. Depending on the specifics of your current financial situation, there may be a variety of options available to you for lowering the cost of your mortgage insurance. One option could include increasing your down payment. Other options may include seeking out a lender with lower fees or a lower interest rate. Doing research on different lenders to find the most competitive rate is highly recommended. Ultimately, it's important to weigh your options and pick the loan package that is best for you and fits your needs.
Does the mortgage insurance termination process vary by Sandy Springs mortgage insurance policy?
Yes, the mortgage insurance termination process can vary depending on the lender in Sandy Springs, GA. Because lenders have different policies and procedures, it is important to contact the lender directly to find out the specific requirements for mortgage insurance removal. Though the process may differ from one lender to another, most will require you to submit a request for cancellation along with certain documents that prove that you have accumulated enough equity in the home in order to no longer need the additional protection that mortgage insurance provides.
Is there an online calculator for mortgage insurance from a Sandy Springs mortgage insurance company?
In Sandy Springs, Georgia, there is one online calculator available for mortgage insurance, created specifically for those living in the area. It allows fast access to pertinent information such as applicable mortgages, listing of rates, and comparison of monthly payments and down payments. The calculator is user-friendly and easy to use yet it is powerful enough to provide accurate figures for mortgage and insurance costs as well as estimated annual savings. This invaluable tool helps homeowners to quickly and accurately evaluate their options and make the best choice when it comes to purchasing or refinancing a mortgage.
Can I opt out of services from mortgage insurance companies in Sandy Springs?
In Sandy Springs, GA, it is possible to opt out of mortgage insurance depending on the loan type. Generally speaking, when you have a down payment of 20% or more, you can remove the insurance and lower your monthly payments. Furthermore, mortgage insurance is sometimes required if you refinance your loan and take out additional cash from the proceeds. However, in this case you may be able to reduce or eliminate the insurance requirement if you are able to add additional financial resources to counteract the extra debt ratio.
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