Lender's Policy

A Lender’s Policy is a type of insurance that protects the lender’s financial interest in a property during the mortgage process. If issues arise with the property title—like ownership disputes or claims—this policy covers the costs for resolving those problems, ensuring the lender’s investment is secure. It does not protect the borrower but provides the lender peace of mind that their loan is safeguarded against certain legal and title issues that could affect the property's ownership.