Escrow & Title
A lender's title insurance policy in Oklahoma protects:
AThe buyer's equity in the property
BThe lender up to the amount of the outstanding loan balance✓ Correct
CBoth the buyer and lender equally
DThe seller against post-closing claims
Explanation
A lender's (mortgagee's) title insurance policy protects the lender up to the outstanding loan balance. It does not protect the buyer's equity. Buyers need a separate owner's title insurance policy for their own protection.
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