lender's title insurance


A title insurance policy that covers the lender for the entire amount of the loan. The coverage declines as the loan is paid down, and there is no further coverage once the loan is paid off.

Use this term in a sentence

You may want to get some lender's title insurance so that you will be covered if anything happens to go wrong.

​ Was this Helpful? YES  NO 7 people found this helpful.

The name of the title insurance policy that we had was called lender's title insurance and it was very important to us.

​ Was this Helpful? YES  NO 2 people found this helpful.

A type of insurance policy which is in charge of ensuring that the lenders whole amount of loan is covered is known as the lender's title insurance

​ Was this Helpful? YES  NO 9 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
lender policy lending