So when I went to the lending office last week to give them the info on that IORR, ( w'2 , financial statement and told them not currently rented) they said as part of the refi that I would have to get title insurance (lenders presumably) AGAIN for the same property at the same bank.
I have some time before I have to refi.
Was going over my docs and see I bought an owners title policy when I bought the place, would that satisfy the banks requirement ? Wouldn't my owners policy protect the bank as well as me ?
I have some time before I have to refi.
Was going over my docs and see I bought an owners title policy when I bought the place, would that satisfy the banks requirement ? Wouldn't my owners policy protect the bank as well as me ?
Statistics: Posted by Fillmore — Mon Jul 08, 2024 6:24 pm — Replies 2 — Views 186