What most loan professionals AREN’T telling their borrowers….. Is that when refinancing if they show the title company their current owner’s policy, they can save up to 30% towards their new owner’s policy closing fee. So, for example: Let’s say you’re refinancing your loan here in Florida in the amount of $200,000. Your new owner’s policy closing fee would be $1,140. Just by providing proof of your current owner’s policy you could save $342. Every little bit helps in today’s economy. Stay tuned for my next post. Until next time……
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