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When you refinance your home, your old loan is paid off and the lender's title policy expires. Therefore, when you refinance, your lender will require a new loan policy on your new mortgage to protect their investment in the property.
You will not need a new owner's policy, but that policy doesn't insure the new mortgage created when you refinance, and it doesn't provide protection against events that may have transpired between the time you purchased the property and when it is refinanced.
Call C&C Title & Settlement, LLC for property refinance closings and to learn more about refinancing policies.
Contact Us for Property Refinance Closings
Call us for FREE consultations.
(804) 746-3296
Closed Daily for Lunch 12pm-1pm
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