Title insurance for lenders
Since 1996, we’ve provided lenders with title insurance for hundreds of thousands of residential and commercial mortgage transactions in Australia and New Zealand.
The benefits of using our Lender title insurance policies
A First Title policy protects you against the unenforceability of your interest in the property.
FASTRefi®
FASTRefi enables an 'unattended' refinance settlement to occur more seamlessly because settlement can proceed the same day mortgage and loan documents are returned to you for certification and funding. (applicable to FASTRefi and Residential Loan Protection Policy).
Cover for unauthorised or illegal structures
Which can jeopardise recovery efforts when you are acting as Mortgagee in Possession (applicable to Residential Loan Protection Policy and Commercial Mortgage Lenders Policy).
Cover for identity and title fraud
Plus, client forgery, misdescriptions, prior registered interests and more. (applicable to Residential Loan Protection Policy and Commercial Mortgage Lenders Policy).
Protection against unenforceability of the mortgage
if your mortgage is unenforceable or challenged. (applicable to Residential Loan Protection Policy and Commercial Mortgage Lenders Policy)
Recourse if you fail to obtain priority with mortgage registration
Includes cover for other mortgages, outstanding tax liabilities and caveats which are not registered prior to settlement. (applicable to FASTRefi, Residential Loan Protection Policy and Commercial Mortgage Lenders Policy)
Supported globally
We’re backed by the financial strength and stability of our parent company, The First American Financial Corporation.
Our lender products
Our products and services include title insurance programs for a range of property types and mortgage lending processing models.
FASTRefi
Facilitates the refinancing of a home loans in days, rather than weeks. Conditions and exclusions apply.
Speak to us about this productResidential Loan Protection Policy
It helps to protect against the unenforceability of the mortgage. Conditions and exclusions apply.
Speak to us about this productCommercial Mortgage Lenders Policy
Title insurance coverage for commercial mortgage transactions. Conditions and exclusions apply.
Speak to us about this productFASTRefi benefits to your client
The FASTRefi service benefits lenders and borrowers by reducing settlement timeframes, providing certainty of funding date and improving the borrower’s mortgage fulfilment experience.
Borrowers can access a reduced interest cost
FASTRefi allows customers to access their new interest rate faster than a standard refinance.
Manage expectations on settlement dates
FASTRefi loans can be funded as soon as the mortgage documents are correctly completed, signed and returned.
Access to surplus funds straight away
Surplus funds are provided to the borrower as soon as the loan is funded – straight after mortgage documents are returned to the lender correctly, completed and signed.
Title Insurance for New Zealand Lenders
We offer FASTRefi and Residential Loan Protection Policies to New Zealand lenders. Speak to us today about our coverage.
New Zealand - overseas policyholder preference
First Title is a licensed general insurer in New Zealand under the auspices of the Reserve Bank of New Zealand. Please note for New Zealand claims an overseas policyholder preference applies. Under Australia law, in the event of First American Title Insurance Company of Australia Pty Limited being, wound up, its Australian assets must be applied to its Australian liabilities before New Zealand liabilities. Therefore New Zealand claimants would be required to wait until all Australian claims against First American Title Insurance Company of Australia Pty Limited had been settled.
Solvency disclosure and financial strength information can be accessed here
Don’t just take our word for it
“My First Title coverage paid for itself, and then some, within the first several weeks of settlement. Some bills associated with the property were not paid by the previous owner, which slipped through the cracks when solicitors did their due diligence. It would have cost me over $2,000 but everything was covered by First Title in a timely manner. I highly recommend them.”
Helen, Narooma, NSW
Don’t just take our word for it
“First Title assisted us every step of the way and made sure the financial stress of fixing our boundary issues was kept to an absolute minimum!”
Tim and Linda, WA
Don’t just take our word for it
“More than 5 years after purchasing our first home we were informed by our local council of 4 illegal builds/structures on our property. If it wasn’t for our Title Insurance Policy we would have never been able to afford the repairs to our home and most likely have to demolish a large portion of it. First Title supported and guided us through every step of our claim, making a quite overwhelming situation a lot easier. Thank you First Title.”
Ashleigh and Dean, VIC
