Escrow & Title
A buyer's lender in New Hampshire requires a lender's title insurance policy. This policy protects:
AThe buyer's equity in the property
BThe lender's security interest against title defects up to the loan amount✓ Correct
CBoth the buyer and lender equally
DThe seller against post-closing claims
Explanation
A lender's title insurance policy (loan policy) protects the lender's mortgage lien against title defects. It covers the lender up to the outstanding loan amount and does not protect the buyer's equity.
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