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The premium for original first Mortgage title insurance shall be:
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Up to and including $100,000 of liability written |
$2.00 per $1,000 |
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Over $100,000 and up to and including $5,000,000 |
$1.50 per $1,000 + $200.00 |
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Over $5,000,000 |
$1.00 per $1,000 + $7,550.00 |
The premium charged for original Owner or Leasehold insurance shall be:
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Up to and including $100,00 of liability written |
$3.00 per $1,000 |
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Over $100,000 and up to and including $1,000,000 |
$2.00 per $1,000 + $300.00 |
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Over $1,000,000 and up to and including $5,000,000 |
$1.50 per $1,000 + $2,100.00 |
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Over $5,000,000 |
$1.00 per $1,000 + $8,100.00 |
SIMULTANEOUS ISSUE RATE: Owner's rate based on the purchase price plus $25.00 for the Mortgage policy
MINIMUM PREMIUM: The minimum premium for Mortgage and Owner's policies is $75.00
There is an additional charge for the following endorsements and affidavit:
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Condominium Endorsement (ALTA Form 4 or Form 4.1) |
$25.00 |
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Planned Unit Development Endorsement (ALTA Form 5) |
$25.00 |
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Variable Rate Endorsement (ALTA Form 6) |
$25.00 |
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Variable Rate - Negative Amortization (ALTA Form 6.2) |
$25.00 |
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Environmental Protection Lien Endorsement (ALTA Form 8.1) |
$25.00 |
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Residential Mortgage Survey Affidavit |
$75.00 |
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