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Mortgage Glossary

Title

Defined by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker

Title is the legal right to own and use a property. A clear title means no one else has an unresolved claim. It confirms you truly own the home.

What Title means

A title search confirms the seller can transfer it. Any lien or claim must be cleared first. Clear title protects your ownership and your loan.

Florida example

A Florida title search finds an old lien. The title team clears it before closing. The buyer then takes clean ownership.

What title means

Title is the legal right to own and use a property. A clear title means no one else has an unresolved claim on the home.

A title search confirms the seller can transfer it to you.

Why it matters

Clear title protects your ownership and your loan. Any lien or claim must be resolved before closing.

We work with trusted title partners on every deal. Reach out and we will keep your title clean.

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Official resources

Verify the details for your own situation against these government and agency sources: CFPB Owning a Home guide and HUD homebuyer resources.

Related Mortgage Terms

Title InsuranceTitle insurance is a one-time-premium policy that protects against losses from title defects discovered after purchase.Title SearchA title search is an examination of public records to verify legal ownership and uncover liens, judgments, or claims against a property.Total Loan AmountThe total loan amount is the base loan plus any financed fees, such as upfront mortgage insurance or a VA funding fee, rolled into the balance.
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