Lender Paid Mortgage Insurance

With Lender Paid Mortgage Insurance, the lender pays the mortgage insurance premium and charges a slightly higher interest rate. For many homebuyers, lender paid mortgage insurance offers significant advantages over the more traditional borrower-paid mortgage insurance or even other loan options.

Why Lender Paid Mortgage Insurance?

  • No monthly mortgage insurance premium
  • No mortgage insurance closing costs
  • Lower monthly mortgage payment (in most cases, compared to mortgage payment plus traditional mortgage insurance premium)
  • Potential for qualifying for a larger loan
  • Potential for greater tax benefits
  • Significant savings over the life of the loan

Other NextHome Mortgage options available: Interest Only Mortgages, VA Home Loans, No Down Payment Mortgages, and My Community Mortgage.

Career-Specific Loan Programs

DoctorsMedical school loans can impact your home purchasing power. We take that into consideration and make it easy to buy your dream home.

NursesOur unique mortgage programs can help Nurses purchase a home even with substantial student loans.

Police & FireOur Police and Firefighter programs help the men and women who protect our lives and homes. Cost effective home ownership is our goal.

TeachersEducating the youth of our country is a big job. We offer special mortgage programs to help Teachers achieve home ownership.

MilitaryOur Military Veterans mortgage programs are designed to cost effectively provide home ownership to those men and women who protect our lives and country.

PharmacistThe costs and challenges of starting a new career in Pharmacy should not prevent you from achieving home ownership. We can help!

PharmacistOur special low or no down payment mortgage programs for Dentists have flexible underwriting that make buying a new home easy.

Learn how NextHome Mortgage makes it easy to get a loan