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As a real estate lender, protection of the collateral for your loans is of utmost importance to you, whether you are making multi million dollar loans on commercial shopping centers or $20,000 equity line loans to homeowners. Chicago Title Company has a variety of products, each designed to respond to a specific need. More than 150 years of experience coupled with the highest insurance reserves in the industry assure you of the greatest level of protection available. Regardless of size, the experienced, dedicated members of our staff will give every transaction the attention it deserves. LOAN POLICY PLUS ENDORSEMENT
Chicago Title's Plus Endorsement is available for a one-to-four family residence or condominium unit. Additionally, it provides an automatic 5% increase per year up to 125% of the amount of insurance stated in Schedule A after five years. The following additional protections against loss can be secured when you request a Chicago Title Loan Policy Plus Endorsement:
In addition, the Plus Endorsement Provides:
The charge for the Loan Policy Plus Endorsement is 10% of the premium charged for the Policy to which the Plus Endorsement is attached. For a detailed description of the Loan Policy Plus Endorsement, please contact your Chicago Title representative or your local Chicago Title office. |