1 Best mortgage insurance companies

1 Best mortgage insurance companies

Categories
Mortgage insurance protects lenders against default on home loans. Mortgage insurance, also known as private mortgage insurance (PMI), protects lenders against losses if a borrower defaults on their home loan. It's typically required for conventional loans when the down payment is less than 20% of the home's value. While it adds to the cost of homeownership, it allows many people to buy homes with smaller down payments. This insurance plays a crucial role in the housing market, making homeownership more accessible to a broader range of buyers.
Facts about Best mortgage insurance companies
  •  The global presence of Arch Capital Group is Global.  The average premium for Arch Capital Group is .  The different types of insurance coverage provided by Arch Capital Group are Mortgage,Reinsurance..