Title Insurance
Defined by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Title insurance is a one-time-premium policy that protects against losses from title defects discovered after purchase.
What Title Insurance means
It covers issues like forged deeds, undisclosed heirs, or recording errors. Florida uses a lender's policy required by the mortgage and an optional but recommended owner's policy.
Florida example
A Florida buyer's owner's title policy pays to defend their ownership if a long-lost heir later claims an interest in the home. In Florida the seller customarily pays for the owner's policy.
What it covers
Title insurance protects you and your lender from hidden claims on the property, like old liens or fraud. It covers issues that a search may miss.
There is a lender's policy and an owner's policy.
Why buyers get it
Title insurance is a one-time cost that guards your ownership for as long as you own the home. Lenders require their policy.
We explain both policies clearly. Apply now and we will help you protect your purchase.