A title insurance policy that covers the lender for the entire amount of the loan. The coverage declines as the loan is paid down, and there is no further coverage once the loan is paid off.
Related information about lender's title insurance:
- What is lender's title insurance? - Consumer Financial Protection ...
Mar 22, 2012 ... Lender's title insurance protects your lender against problems with the title to your property that occurred before the date of the policy.
- HomeClosing101.org - Why You Need Title Insurance
An Owner's Policy is necessary to fully protect a home buyer. Lender's title insurance, which is usually required by the mortgage lender, serves as protection only ...
- Lender's Title Insurance - Virginia Statewide Title Services
A lender's policy protects the mortgage lender if someone challenges a property title based on any title defects that were unknown when the policy was ...
- Paying For Owner's Or Lender's Title Insurance | ThinkGlink
Jan 19, 2009 ... Title insurance companies offer two different types of title insurance policies: lender or mortgagee protection and owner's coverage. Owner's ...
- Who Pays for the Title Insurance Policy in Real Estate Transactions ...
Homeowner's and lender's title insurance policies must be purchased before the ... A lender's title insurance policy is separate and distinct from the one issued to ...
- Lee & Associates, P.C.: Lender's Title Insurance
Lender's Title insurance insures that the lender has a valid, enforceable lien on ... Lender's title insurance insures the mortgage lender against mechanics liens ...
- Home Buying: Lender's title insurance policy - Trulia Voices
Jun 12, 2012 ... lender's title insurance policy Find answers to this and many other questions on Trulia Voices, a community for you to find and share local ...
- Title Insurance Definition | Investopedia
... and that is required if the property is under mortgage. Most title insurance is lender's title insurance, which is paid for by the borrower but protects only the lender.