Policy options

First Title’s policy options are designed to meet your business requirements and the lender program option you select.

Residential Loan Protection Policy:
Full Policy

The Residential Loan Protection Policy covers lenders’ residential loans. It is designed to protect a lender’s interest in the mortgage, assure the validity and enforceability of the mortgage, and ensure interests are paid out in the correct order of priority. This allows you to proactively manage risk and enhance the efficiency of your lending processes.

Residential Loan Protection Policy:
Limited Policy

This version of the Residential Loan Protection Policy is designed to provide title insurance coverage during the mortgage registration gap period. It underpins First Title’s FASTRefi programs.

Commercial Mortgage Lenders Policy:
Full Policy

First Title’s Mortgage Lenders Policy for commercial lenders accelerates the commercial loan settlement process. It provides lenders with protection over various title requirements such as building certificates, survey, land tax and zoning. It also provides you with protection where title defects are discovered.