Yes, if circumstances change, such as: a natural disaster damages the property or affects closing costs the title insurer providing the estimate goes out of business during underwriting new information on you or the transaction affecting settlement is discovered. If any of these events change 3rd-party charges beyond the 10% tolerance limit creditors may issue…
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What 6 Pieces of Information Make A TRID Loan Application?
Submitting these 6 pieces of information: Name Income Social Security Number Property Address Estimated Value of Property Mortgage Loan Amount sought constitutes a valid loan application under the TRID rule. You may apply and submit these in writing OR in oral form; a live conversation, or a phone call, backed by a written record of…
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Metro Title & Escrow Covid-19 Information
As our world family continues to deal with the COVID-19 virus, we at Metro Title & Escrow are taking every possible precaution to ensure that we're doing our part to resist the spread of this virus. In addition to sanitizing our offices regularly, the following protocols are in place: Closings: If you have a closing…
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Our Easy Estimate Calculator Can Help
With the right Title Insurance Calculator, you get a good idea of title costs before you start. It's easy. Just choose buyer or seller, and put in the sales price or amount. Then you can see the settlement fees and title insurance premiums. You'll know what you can expect to pay. That way you can…
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