If you are a Pennsylvania mortgage lender, mortgage broker, regional bank, national bank, or even a FSB or Credit Union, World Wide Land Transfer, Inc. can help your business.
World Wide Land Transfer, Inc. caters to our Pennsylvania based Mortgage and Lending Industry in a variety of ways stemming from help with Internet marketing strategies to specializing in volume processing. We handle all types of closings, which makes us your Number One Choice when ordering PA Title Insurance Work!
World Wide Land Transfer values our relationship with Lenders. We continue to work on developing new ways to serve you better and meet your needs and the needs of your customers as we strive to build a more solid relationship.
Our title insurance service and Escrow departments will work with you to see that the documents you need to close a transaction are completed and answer any questions that you or your customers have during the process. We work to make the Escrow sign up as convenient as possible for all parties involved.
Let us know how we can help you!
Lender’s Title Insurance Protects the Lender Against Problems with the Title
Buyers aren’t the only ones who assume a risk during a real estate transaction; lenders can also take a loss if there are any title defects or gaps in the chain of title. A lender’s title insurance policy helps the bank mitigate that risk and ensure any real estate transaction goes smoothly. If you are a Pennsylvania mortgage lender, mortgage broker, regional bank, national bank, or even an FSB or credit union, World Wide Land Transfer can help protect your loan from unnecessary financial risks with lender’s title insurance in Pennsylvania or anywhere nationwide.
Here are some of the most common title problems we see:
- Illegal or forged deeds
- Errors in public records
- Missing heirs
- Boundary disputes
- Undiscovered or disputed wills
- And more
Any of these issues can potentially derail a real estate transaction or make it unprofitable, which is why a bank requires you as a borrower to pay for a PA lender’s title insurance policy.
World Wide Land Transfer caters to the Pennsylvania-based mortgage and lending industry, and we also work with clients all over the country who need a lender’s title insurance policy. We serve our clients in a variety of ways, from helping with internet marketing strategies to specializing in volume processing. We handle all types of closings, which makes us the number one choice of Pennsylvania lenders who need PA title insurance services. We value our relationship with Pennsylvania lenders and continue to work on developing new ways to serve them better. We will always go the extra mile to meet your needs and the needs of your customers as we strive to build a more solid relationship.
Is Lender’s Title Insurance Required?
As a borrower, you are required by the bank to obtain lender’s title insurance for any PA real estate transaction. The lender’s title insurance fee is typically always covered by the buyer. Even if you are the bank and not ultimately paying for the lender’s title insurance fee, we will keep the costs as low as possible. As a lender, you want your customers to keep coming back to you, and taking care of their needs without high fees is a great way to accomplish that goal. You can also save yourself time and effort by using a reliable PA title insurance company.
In addition, real estate sales and purchases aren’t the only transactions where the lender’s title insurance cost comes into play. You will also need to pay a lender’s title insurance fee for a refinance. During a mortgage refinancing, keeping your lender’s title insurance cost low will save your customers money as well. We will charge the lowest fees permitted by law and look forward to assisting your clients with smooth closings.
At World Wide Land Transfer, our title insurance service and escrow departments will work with you to see that all the documents you need to close a transaction are completed. We will also be happy to answer any questions that you or your customers may have during the process. We strive to make the escrow sign-up process as convenient as possible for all parties involved.
Get in touch with us today and let us know how we can help you with a lender’s policy, commercial title insurance in PA, or with any of the other services we offer. Contact us today for more information about lender’s title policies or any other title insurance or escrow needs you may have.