Forgotten Your Password?

Need to Register?

Question Icon

How is the lender's title insurance fee determined? Is it based on a percentage of the sales price?

by k.freedman106 from Grantsville, Maryland. Apr 18th 2016 Reply


Joyce Ettingoff (speedlad)
#34 ranked lender in Maryland - 68 contributions

Lender's Title Insurance is determined by the amount of the loan

Apr 18th 2016
1
0
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Yes, title fees are determined by the sales price.. but every title company has their own formula.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Apr 18th 2016
1
0
Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Lenders and owners title insurance is based on the sales price and loan amount. There are many title insurance companies where you can find an online quote. There are only a few national title insurance providers that almost all title companies insure with, and their rates are nearly identical.

Apr 19th 2016
0
0
Subscribe to our news feed.