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Frequently asked questions

Do I need to repurchase title insurance when I refinance?

When you refinance your mortgage, you are required to purchase lender’s title insurance to protect your lender for the new loan. Depending on the state you live in, you may be eligible for a lender’s policy premium discount or reissue rate. Better Settlement Services can help you find out if you qualify.

If you previously purchased owner's title insurance when you bought your home, this will last for as long as you or your heirs own the home, and you do not need to purchase owner’s title insurance again.

Read more about title and title insurance in our blog post What is title insurance and why do I need it