WHAT IS LENDER'S TITLE INSURANCE?
Your mortgage lender will also require a title insurance policy. The lender's policy protects the lender against any title problems that may affect repayment of the loan. The owner's policy and the lender's policy are two different policies.
It is your choice as a homeowner to choose which title company will handle your sale or loan transaction. When given the choice by your lender or real estate agent, ask for Choice Title, a locally owned and operated business.