Mortgage & Financing

Title Insurance Policies Defined, 2 types Owners and Lenders

Lender’s Policy vs. Owner’s Policy: Many home buyers are confused about the difference between a Lender’s Policy of Title Insurance and an Owner’s Policy of Title Insurance. A Lender’s Policy will only cover the lender for the amount that is at risk for the lender, generally not the full amount of the purchase price.   It would …

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Construction Loans

Jack Durney frequently works with our Champion office Brokers and knows the lending business! Below Jack explains a Construction Loan product offered by his company. As you know from reading my messages WAFED continues to offer the only true All-in-One Construction Loan. Other banks offer construction financing but they usually require two separate loans, two …

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