Escrow & Title
Which type of title insurance policy protects the lender's interest?
AOwner's policy
BLender's (mortgagee's) policy✓ Correct
CSeller's policy
DComprehensive policy
Explanation
A lender's (mortgagee's) title insurance policy protects the lender's interest up to the loan amount. An owner's policy protects the buyer's equity.
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