LENDERS
As a lender, you believe in the dreamof home ownership. The faster you can fund and secure a mortgage loan, the more you're able to make that dream come true. In addition, as a lender, you are aware of the power of referrals and repeat business. MBT of the Upper Peninsula wants to partner with you to make your transaction with your client pleasant and seamless and, in the end, one that will result in recurring business for you.
Financial organizations are acutely concerned when it comes to the security of the funds they lend for real estate investments. The Lender's Policy provides a high degree of safety against loss of capital from title hazards. By identifying risks and eliminating them when possible, the title industry is a major element in encouraging lenders to invest in mortgage - rather than in other assets with lower risk. Our mortgage title insurance guarantees the lender a valid and enforceable lien and assures that no claimant other than those noted in the policy has a prior claim against the real estate. The policy will assure you that the purchaser/borrower has title to the property being pledged as security for the loan. In addition, the policy obligates the insurer to pay for defending against any claim filed against the title that might supercede the lender's lien. And, if unsuccessful, it must satisfy that claim should it be upheld in court.
Our company manages networks of experienced and skilled searchers and witness closers. Because of these large networks, we can offer title services in any County in the states of Michigan, Indiana and Wisconsin. Due to our Statewide presence and because we do not rely on other companies to assist us, you will be sure to get consistent, top-notch service.