Escrow & Title
A lender's title insurance policy protects the:
ABuyer
BSeller
CLender up to the loan amount✓ Correct
DTitle company
Explanation
A lender's (mortgagee's) title insurance policy protects the lender's interest up to the outstanding loan balance. It is typically required by lenders as a condition of making a mortgage loan.
Related Arkansas Escrow & Title Questions
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