In addition to the myriad of services we provide to lenders including conducting a title examination, preparing closing documents, assisting with the closing and disbursement of funds, and recording the mortgage after the loan, here at Hocking Valley Title Agency, Inc., we also offer lenders a variety of products to ensure that their mortgage interests are adequately protected. 

LOAN POLICY OF TITLE INSURANCE
Title insurance for mortgage lenders is called a Loan Policy of Title Insurance. The Loan Policy is usually issued in the dollar amount of the loan and the policy amount decreases each year as the loan is paid down, eventually disappearing when the loan is paid off. A Loan Policy of title insurance protects the lender's interests in the property should a problem with the title arise; it does not protect the buyer. Most lenders require a Loan Policy when they issue a mortgage loan and require that the property owner pay for the policy. If a Loan Policy is issued in conjunction with an Owner's Policy of Title Insurance, the Loan Policy's premium is only $100.00. Here at Hocking Valley Title Agency, Inc., our title insurance policies are issued through Old Republic National Title Insurance Company.

CERTIFICATES OF TITLE
Certificates of Title are legal opinions issued by licensed attorneys after conducting a careful examination of the public records. The attorney gives a written opinion that identifies the owner of the property and states whether the title is marketable and free from encumbrances except as to those matters set forth in the certificate. Most lenders elect title insurance over a certificate of title.