Title Insurance Schedule of Rates

The Owners Title Policy premium is figured on the sales price of the property, calculations are based per thousand dollars (click here for title premium calculator):

Owners Title Policy
ALTA Homeowners

Regular Policy

* Regular w/Reissue

Up to $150,000 of liability written
6.61

5.75

4.03

Over $150,000 and up to $250,000
5.18

4.50

3.15

Over $250,000 and up to $500,000
4.03

3.50

2.45

Over $500,000 and up to $10,000,000
3.16

2.75

1.93

Over $10,000,000
2.59

2.25

1.58

Minimum Charge
175.00

175.00

175.00
* Reissue credit given up to the coverage amount of the prior Owners Policy. Prior policy must have been issued within 10 years of transaction. Reissue credit is 30%.      

The Mortgagees Title Policy premium is figured on the loan amount, calculations are based per thousand dollars. If a Owners and Mortgagee policy is issued simultaneously then the mortgagee policy is only $100.00 plus the binder for both. (click here for title premium calculator):

Mortgagee Title Policy

Regular

Regular with Reissue*

Junior Policy 2nd Mtg's Only**

Equity Policy

2nd Mtg's Only**

Up to $150,000 of liability written

4.00

2.80

1.75

25,000.00 maximum

Over $150,000 and up to $250,000

3.25

2.28

1.75

 

Over $250,000 and up to $500,000

2.50

1.75

1.75

 

Over $500,000 and up to $10,000,000

2.25

1.58

1.75

 

Over $10,000,000

2.00

1.40

1.75

 

Minimum Charge

125.00

125.00
75.00
75.00
Simultaneous Issue
100.00

* Reissue credit given up to the current principal balance amount of the prior mortgage loan policy. Prior policy must have been issued within 10 years of transaction. Reissue credit is 30%.

** The Junior and Equity Policy is for residential 1-4 family only

 


 

Refinance - Transaction

Standard typical fees for closing at our office are stated below, additional fees may apply in certain circumstances. If you would like an estimated Settlement Statement prepared at no charge, please free free to contact us.

Refinance - Borrowers Cost:
Estimated Charge
Closing / Settlement Fee - None if using The BETTER Choice® program
175.00
Title Insurance Premium - click here for calculator  
Title Examination - with prior Owners Policy. (Franklin County)
175.00
Title Binder
50.00
Some typical mortgage endorsements as required by your lender
- EPA Endorsement, if applicable
75.00
- Affirmative Survey Coverage Endorsement, if applicable
50.00
Recording Fee's (28.00 for the first two pages, $8.00 per page thereafter)
Approximately 132.00-160.00

 


 

Purchase - Transaction

Standard typical fees for closing at our office are stated below, additional fees may apply in certain circumstances. Check out our section on The Closing Process for a more detailed explanation of services and fees or if you would like an estimated Settlement Statement prepared at no charge, please feel free to contact us.

Purchase - Borrowers Cost:
Estimated Charge
Closing / Settlement Fee - None if using The BETTER Choice® program
175.00
Mortgage Title Policy - Simultaneous Issue
100.00
Title Binder
50.00
Some typical mortgage endorsements as required by your lender
- EPA Endorsement
75.00
- Affirmative Survey Coverage Endorsement
50.00
Recording Fee's (28.00 for the first two pages, $8.00 per page thereafter)
Approximately 132.00-160.00

Standard typical fees for closing at our office are stated below, additional fees may apply in certain circumstances. Check out our section on The Closing Process for a more detailed explanation of services and fees or if you would like an estimated Settlement Statement prepared at no charge, please contact us.

Purchase - Sellers Cost Worksheet:
Fill in the below yourself
Purchase Price  
Less First/Second Mortgage Payoff(s)  
Less Realtor Agents Commission  
Less Costs paid on behalf of buyers  
Less Property Tax Proration Credit to buyers  
(Typical Settlement Charges)
Estimated Charge
Less Closing / Settlement Fee - 0 if using The BETTER Choice® program
50.00
Less Title Insurance Premium - Owners Title Policy
Please figure this amount from the above Title insurance table
Less Title Examination/Search Fee - with prior Owners Policy.
175.00
Less Title Binder
50.00
Less Deed Preparation/Sellers Affidavit - Attorney to prepare
45.00
Less Auditor Transfer Fee: 2.00 per thousand - Franklin Cnty
Please figure this amount
Less Pest Inspection
60.00
Less Gas Line Warranty
85.00
Less Home Warranty - First American Home Warranty
399.00
Less Miscellaneous  
Net Proceeds to Seller
.00

 

Place Online Order 

Download Order Form - Purchase

Download Order Form - Refinance

 

 




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ELTA FastFacts

Premium Calculator

Make sure you receive a reissue credit by providing us with a copy of your prior Owners Title Policy before the title examination takes place!

A title insurance policy is a contract between you and the title insurance underwriter insuring you against loss up to the policy amount in the event a title defect occurs resulting from a covered risk.



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