When a foreclosure commitment is issued to a lender, the rate is $350 for $15,000 of liability.
Any increase in liability will be billed at the applicable Owner’s Policy rates. The stated premium for a foreclosure commitment includes two update endorsements to be issued within 8 months from the Effective Date of the foreclosure commitment.
We occasionally send an email about industry news, events and announcements. Sign up today!
Summit LDS, Inc.
5401 W. Morgan Ave.
Milwaukee, WI 53220