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How does the Hippo Insurance monthly payment work at Homepoint?

If you are buying a new home or refinancing

If you are buying a new home, signing up for Hippo’s monthly escrow option means that you don't need to bring as much cash to the closing table because we are able to reduce the required balance in your Homepoint escrow account

If you are switching to a Hippo Insurance policy with the monthly payment option

If you are a homeowner switching from a current provider to a Hippo Insurance policy, you may get cash back if there are excess funds in your escrow account now.

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2211 Old Earhart Road, Suite 250
Ann Arbor, MI 48105
Toll Free: (800) 686-2404
NMLS# 7706

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Home Point Financial Corporation d/b/a Homepoint. NMLS No.7706 (For licensing information, go to: Home Point Financial Corporation does not conduct business under the name, “Homepoint” in IL, KY, LA, MD, NY, or WY. In these states, the company conducts business under the full legal name, Home Point Financial Corporation. 2211 Old Earhart Road, Suite 250, Ann Arbor, MI 48105. Toll-Free Tel: (888) 616-6866. For Licensing and Disclaimers visit