What is Hazard Insurance referenced on my estimate?

This is simple. Hazard insurance is just another way of saying home insurance. See below:

• Fannie Mae (Conventional): Hazard Insurance is another term for Homeowners insurance policy
• Freddie Mac (Conventional): Hazard Insurance is another term for Homeowners insurance policy
• FHA: Hazard Insurance is another term for Homeowners insurance policy
• USDA: Hazard Insurance is another term for Homeowners insurance policy
• VA: Hazard Insurance is another term for Homeowners insurance policy

To learn more about the mortgage process, be sure to speak with an experience mortgage broker.