Title Insurance Re-Issue Rate Credit
(Refinances Only)
Wendell L. Hawkins, PA is a registered Title Insurance Agent for First American Title Insurance Company. The current policies for American Title with respect to re-issue rate discounts on refinances are as follows:
First American Title Ins. Co.
The Borrower may receive a re-issue rate discount of up to 50% of the standard premium under the following circumstances:
Residential and Commercial Loans
The Borrower must present evidence of an Owners Policy of Title Insurance showing the Borrower as the insured or evidence of a Mortgagee Policy of Title Insurance and that Policy must be less than 10 years old. Evidence of the Policy may be through presentment of the policy itself or a HUD-1 settlement statement showing that the premium was paid. In the absence of an actual policy or the HUD-1 settlement statement, we may, at our discretion, assume the existence of a Mortgagee Policy of Title Insurance in the face amount of any current institutional mortgagee.
This rate calculator is provided for your convenience only. Rates are not guaranteed to be accurate. Please contact our office for an accurate rate and provide the following information:
For Re-Issue Rates
1. Date and Amount of the existing Policy. (See HUD-1 from current loan)
2. The Type of existing Policy (Mortgagee or Owner’s) (See HUD-1 from current loan)
3. Your New Loan Amount.
For Standard and Enhanced Policy Rates
1. For Refinances, Your Loan Amount.
2. For Purchases, Your Loan Amount and the Sales Price.
In Greenville Call: (864) 848-9370
In Anderson Call: (864) 332-0881
For more information on Title Insurance click here.