Basics of Title Insurance ~ E3
Course Description
Title insurance is one of the most important aspects of the mortgage application process. Effective mortgage professionals must know how to read and interpret the information on a title commitment in order to determine any potential risks to the borrower or lender and determine what action steps are needed to resolve those risks. In this course, participants will be introduced to what title insurance is, as well as some of the key terminology used within. Participants will also be able to review a sample title commitment.
What You'll Learn:
Recognize the purpose of title insurance and its varying forms
Define key terms related to title
Consider the components of a basic title commitment
40 Minutes
Series: Mortgage 101
Roles: Mortgage Professionals, Mortgage Closer, Mortgage Loan Originator, Mortgage Lock Desk, Mortgage Processor, Mortgage Servicer, Mortgage Underwriter
Course Format: E3
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