Title Insurance

Why do I need title insurance when refinancing a mortgage loan?

When you refinance your home your old loan is paid off and the lender's title policy expires. Therefore when you refinance your lender will require a new loan policy on your new mortgage to protect their investment in the property. You will not need a new owner's policy.

Why do you need to buy title insurance again even though you purchased a policy when you first bought your home and there is no change in ownership?

It's because a separate policy is needed by the lender insuring the validity of your mortgage when it is made.

For as long as you own the property, your policy is valid, but it doesn't insure the new mortgage created when you refinance, and it doesn't provide protection against events that may have transpired between the time you purchased the property and when it is refinanced.

For example, you may have taken out a second mortgage on the home that could threaten the priority of the new lender's mortgage. Or, there could be legal judgments against you or a mechanic's lien against the property by a supplier who wasn't paid for home improvements.

Lenders also insist on a new title policy because many mortgages are packaged as securities and sold to investors in the secondary mortgage market. Title insurance is the only practical way to provide the assurance investors demand and to ensure that the mortgages backing these securities are valid and enforceable.

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Convenient locations throughout the South
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Each giving the personal touch. We'll know your name
1985

In Business Since

Decades of experience in real estate closings

Testimonials

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Dear Realty Title, I just wanted to let you know what exceptional service received each
and every time I have closed with Cheri Bayer at Realty Title. I just recently had a very difficult contract to close and Cheri helped me through it every step of the way. I will even go as
far to say that it may not have closed without all her hard work. She got my clients
to the table and made it as pleasant as possible. I will continue to use Realty Title
because of Cheri. She is just wonderful!

Julie,

Crye-Leike Mt. Juliet Agent

I have been using Realty Title for 17 years and I am never disappointed!! I know my clients will be taken care of and the job gets done on time!! It's nice to know there is a Title Company that goes above and beyond every time!! Keep up the good work!!

Sherry Hulen,

Crye-Leike

The customer service at Realty Title is AWESOME! They are all so kind, very knowledgeable and willing to help with anything! I thoroughly enjoy working with all of them at my closings! They make them smooth and enjoyable for all involved!

Stephanie Fowler,

Crye-Leike

Realty Title has always exceeded my expectation and ensured that the Closing Package was ready early along with the Wiring Instructions. It's great to always have laughs and smiles with happy clients closing on time - hassle free! Thank you!

Jason Bailey,

Mortgage Investors Group

My experience with Realty title was by far better than I could have imagined. The process was seamless and stress free. I want to bring special recognition to Deanna Wood, our closing agent. She was fabulous to work with, and got our closing scheduled 2 days after I was approved. Customer service like this shows shows the strength of the company, and ensures that I will do business with Realty title again. Thank you for the great experience!

Brittany Threet,

Zander Insurance Group

I don't know how I would have come out of [the closing process] sane without you.

Catherine R.,

Client

Your Realty Title Experience: Peeps always strive to perform regardless of the circumstances. They work hard!

Harold Whittaker,

Crye-Leike