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 Union City, GA
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 20 policy provider comparison.
Explore multiple Union City, 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...
Homeownership remains an achievable dream in Union City, GA and mortgage insurance is a key component in protecting that dream. Mortgage insurance helps protect lenders from unexpected losses that can occur when a borrower is unable to make their payments. As a result, lenders are more likely to make loans to borrowers with lower credit scores as well as other risk factors since they are more confident that the loan can be recovered even if the borrower has difficulty making payments. Ultimately, mortgage insurance allows more people to become homeowners and build a stable future, regardless of their current financial situation.
Does the cost of a Union City mortgage insurance policy depend on the size of my down payment?
The cost of mortgage insurance in Union City, GA can be impacted by the size of the down payment. Generally speaking, the more you put down as a down payment the lower your mortgage insurance premium. This is because the larger the down payment, the smaller the loan amount, resulting in less risk for the lender in the event of the loan default isn't fully covered by the homeowner’s insurance. Additionally, some lenders may require you to purchase a certain amount of mortgage insurance based on your loan-to-value ratio, regardless of your down payment size.
What are the benefits of having a private mortgage insurance policy Union City?
Private mortgage insurance (PMI) can be beneficial for those looking to purchase a home in Union City, GA. PMI can protect lenders if homeowners default on their mortgage, but this coverage also protects borrowers by allowing them to get a mortgage even if they don’t have a 20% down payment. PMI also ensures that homeowners can obtain a loan when they lack a long credit history, making it easier for first-time homebuyers to get their foot in the door.
Who is eligible for FHA mortgage insurance near Union City?
In Union City, GA anyone who meets the FHA mortgage insurance requirements is eligible. Generally, an FHA loan is a good option for first-time and low-to-moderate-income buyers in Union City, GA, since they won't need a ton of money upfront as is required for a typical conventional mortgage. To meet the FHA mortgage insurance requirements in Union City, GA, you must show that you have a steady income and a good credit score, as well as proof of employment, assets, and liability insurance.
Do Union City mortgage insurance companies offer USDA insurance?
A USDA mortgage insurance policy is an excellent option for homebuyers in Union City, Georgia. Through the United States Department of Agriculture (USDA) loan program, qualified buyers can purchase homes with much lower down payment requirements. Furthermore, closing costs and mortgage insurance fees are typically much lower than other loan options. USDA mortgage insurance is also an excellent choice for those looking to finance a property that is located in a rural area or small town.
In Union City, GA, anyone who has served over 90 days of active service or more during wartime periods, or anyone who has served 181 days or more in peacetime, is eligible for a VA loan. Furthermore, veterans who served in the National Guard or Reserves but have never been activated to active duty can qualify if they have met certain service requirements. Surviving spouses of individuals who died in the line of duty are also eligible for a VA loan.
Are there discounts available for mortgage insurance in Union City?
Yes, Union City, GA offers discounts on mortgage insurance, making it an affordable option for anyone looking to protect their property from unforeseen circumstances. Union City has a variety of programs, such as the Union City Home Ownership Assistance Program, which accepts applications from homeowners for mortgage insurance discounts. Additionally, certain lenders offer interest rate discount programs to Union City residents, allowing them to reduce the amount of their mortgage insurance payments. Finally, local Homeowners' Associations, such as the Union City Homeowners' Alliance, sometimes offer their members additional discounts for their mortgage insurance.
Does the mortgage insurance termination process vary by Union City mortgage insurance policy?
Yes, the mortgage insurance termination process can vary by lender in Union City, GA. Factors such as the specific lender, the loan program and the borrower's circumstances all can affect how the termination process proceeds. To determine the specifics of how the process works with a particular lender, it's best to consult with the lender directly in regards to their own procedures. In addition, verifying a lender's applicable regulatory requirements, where applicable, can help provide further clarification.
Is there an online calculator for mortgage insurance from a Union City mortgage insurance company?
Yes, there are several online calculators available for mortgage insurance. In Union City, GA, Georgia Mortgage Hub offers a calculator that enables users to enter into a few fields some initial information, such as purchase price and down payment requirement. This quickly provides a quote on mortgage insurance costs. The calculator also takes into account the specific insurance requirements of each loan. With this calculator, you can rest assured that you're getting accurate estimates when finding mortgage insurance for your Union City, Georgia home.
What happens if I don't use mortgage insurance companies in Union City?
In Union City, GA, not getting mortgage insurance means that you have to come up with the full amount of the house’s purchase price yourself. This could be a significant challenge if your budget is tight and you don’t have a large down-payment. You could be subject to a higher interest rate and some lenders might completely refuse to lend you the amount you need.
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