Do you need an Owners Title Insurance Policy? Have you been asked to pay for an Owners Title Insurance Policy during the sale of your property?
The good news is there are ways to reduce this cost and we can help you do just that.
For one if you have your owners policy from when you purchased your home, we can use that to lower the rate as long as it’s within 3 years old.
If your policy is older than 3 years then we can issue what is called a title insurance rebate to help offset the costs of the owners title insurance policy.
By completing our request a quote form we will provide you with a quote that will allow you to know what your exact closing costs would be.
It is important to know how to compare the mortgage title insurance quote you receive. First, you want to make sure you are comparing the right line items. This is important because due to thew new regulation in the mortgage industry they have decided to lump these fees together in 2 separate line items.