Title insurance is a one-time fee. Unlike other types of insurance, there is no ongoing premium to pay for title insurance. Your mortgage lender is required to provide you with a Good Faith Estiamte for closing costs, including title insurance, and factor those costs into the initial disclosure. This three-minute
video explains closing costs in laymen's terms:
Closing Costs Explained Visually.
No comments:
Post a Comment
Now Playing: Closing Costs Explained Visually