Although interest rates are on the rise, it's still a great time to purchase a home. Speak with one of our expert loan officers today!

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.

 

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