Loan Policy - Lender A loan policy insures your lender's security interest against loss due to defects in your title that were not discovered at the time of sale. The loan policy offers no protection for the homeowner. Just as lenders want security with their title policy, you should protect the equity in your new home with a title policy. Ask your title agent for an owners policy. Your policy should be backed by the reserves and surplus of a reputable title insurance company.
Title insurance adds security and peace mind to home ownership.