Title Insurance – Homebridge Wholesale

For loans $25,000 to $350,000, the lender uses a Property Report from Stewart to confirm:
1. Current grantee and grantor
2. Last deed of record information
3. Recordable legal description
4. Status of real estate taxes
5. Open mortgages and voluntary encumbrances
6. Judgments, liens and involuntary encumbrances
7. UCC Fixture filings are allowed to remain on the property.
8. If any of the following items show an issue, remediation will be required:
9. Name discrepancies from Loan Application and provided information
10. Judgements, Tax Delinquencies, IRS Liens, and undisclosed debts secured against the property greater than $1,000.
11. Lien Position in jeopardy.
For loan amounts $350,001 to $750,000, the lender obtains an ALTA policy.