Lender Title Insurance
Almost all Lenders require that the Borrower purchase a Lender’s Title Policy at closing that is for the benefit of the Lender only. When refinancing, a new Owner’s Title Policy is not purchased but each new loan must have a new Lender’s Title Policy issued to cover the new loan. For most refinances and loans, there is a refinance/reissue premium rate available which is a calculated at reduced rate. This ...Read More >>