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What is Hazard Insurance referenced on my estimate?

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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.

 

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