Lender
Professional
Title Services for Lenders
Title insurance ultimately protects people when they are buying a new home. However, title insurance is also of particular importance to lenders. With the amount of money involved in such a purchase, lenders need to have assurances that the money loaned is secured in the proper manner and will be repaid according to schedule. Brilliant Title provides title services designed to ensure that lenders are completely covered in any eventuality and that the title remains marketable and free from litigation at all times.
The processors at Brilliant title work quickly and efficiently to provide lenders with the title binder and additional documentation prior to settle so a lender is never “waiting on title”.
I am an agent for two national title insurers First American Title Insurance Company and Security title Guarantee Corporation of Baltimore
Why Lenders Require Title
Insurance
Lenders require insurance on their lien position in order to provide financing to a buyer for a home. While title insurance offers valuable protection to a buyer, lenders title insurance guarantees that the lender is in first position when it comes to the lien. When the property is sold, or should it go through foreclosure, then the lenders are paid according to the position they are in, making this process extremely important to achieving first mortgage rates.
Brilliant Title provides lenders title insurance that protects the lender in the instance that a third party files a claim against the property in question. Lenders title insurance is necessary in order to provide a mortgage and differs from owner’s title insurance in that it only insures the loan. Our experienced real estate staff perform comprehensive research into the background of the property to identify any potential issues that could result in a title defect, error or claim against the property.
Enjoy Peace of Mind During a Sale with Lenders Title Insurance
Brilliant Title provides valuable protection for lenders when it comes to financing a home. Rather than be left with the risk of potential claims or defects against the property, let our experts provide the assurances you need to move forward with the sale. To find out more
OR