Application for Title Insurance:
Junior Loan Policy and Activation Endorsement
This application is for placing a title insurance order for a Junior Loan Policy and Activation Endorsement. Junior Loan Policies/Activation Endorsements do not include a search of easements and restrictions and can only be used for home equity lines and second mortgages on residential property. The Junior Loan Policy serves as policy and commitment issued when the order is placed. The Activation Endorsement, delivered after the Mortgage is recorded, creates the effective coverage.
Title Rate: The title insurance premium is $175.00 up to $100,000.00 worth of coverage. Over $100,000.00 add $1.00 per thousand.