Lender's Title Policy

Your mortgage company also has a great financial interest in the property you are buying. Lenders also rely on title insurance companies to ensure that they will not be impacted by unforeseen title problems that could affect not only them, but the collateral to the loan – your house. The Loan Policy will only cover the lender, not YOU. The Policy covers the lender for the amount of the loan and declines accordingly, as the loan is paid.