The creation of an affiliated title insurance company is not for everybody.
In fact, only certain entities or persons can qualify:
The first requirement is revenue, both current and projected. Although every case is different, certain minimum revenue requirements must be met in order to make an affiliated title insurance company both cost-effective and RESPA compliant.
The second requirement is capitalization. Although every case is different, certain minimal capitalization requirements exist, pursuant to additional criteria established by the Department of Housing and Urban Development.
Additional requirements, which may vary, include proper management, staffing, marketing, compensation and the provision of substantial services.
Title & Escrow Affiliates, LLC has the knowledge, qualifications and experience to assist you with the proper creation and maintenance of an affiliated title insurance company.