08 May Why A Homebuyer Needs Title Insurance
Purchasing a home can be both an exciting and stressful time for people. It is important to go into this process with everything in place to ensure it goes as smoothly as possible. At some point, you or your lender will ask if you need to buy title insurance. Title insurance is different from homeowners insurance or private mortgage insurance. It protects both the homebuyer and the mortgage lender against losses, issues or problems with a title where there is a transfer of ownership. Click here to learn more about the importance of title insurance.
If you are considering purchasing a home and need more information about title insurance or anything else related to the mortgage process, please reach out to one of our local mortgage planners at Fairway Independent Mortgage of the Carolinas. We are truly interested in providing a mortgage experience that will set the stage for your financial future. Our goal each day is simple — to help people do better in life. Let us change the way you think about mortgages.