OneTitle’s lender partners originate more loans thanks to our lower closing costs and faster, easier transactions.
LOWER CLOSING COSTS, MORE ORIGINATIONS.
You stand out from the competition and close more loans when you offer lower closing costs. OneTitle’s lower premiums are the key to making your Loan Estimates more competitive.
OneTitle saves clients 20-40% on most transactions. While our major competitors work together and file identical rates, OneTitle’s rates are up to 25% lower and we eliminated most fees. We shattered the myths that all title insurance rates are set by law and that all companies charge the same amount. Of course, we offer exactly the same coverage—with even better security, including direct facultative reinsurance.
The total savings are significant: nearly $1,000 on a typical $1,000,000 purchase (80% LTV), $84,000 on a typical $100 million purchase (70% LTV) or $72,000 on a $100 million construction loan. When you show clients savings like that, you win their business. Click here to calculate sample savings.
We designed OneTitle from the ground-up to maximize compliance, safety and security, eliminating the risks that lenders and loan officers face when they work through middlemen.
As the only exclusively-direct, regulated insurance company, OneTitle controls the entire underwriting process and maintains custody of the escrow funds and personal information that you normally entrust to title agents. This highest level of control protects client funds, prevents theft of escrow funds and ensures that transaction documents are recorded promptly.
The risk of working with independent title agents is greater than ever. Recent CFPB, OCC, and Federal Reserve publications highlight lenders liability for third-party service providers’ actions. Working with OneTitle means the end of these concerns.
The result: your reputation and funds are protected from potentially devastating risks.
Furthermore, OneTitle maintains the highest standards for underwriting and utilizes advanced software to protect your clients’ nonpublic information and prevent fraud. The company is a member of the American Land Title Association and adheres to ALTA best practices.
Financial strength. A $1.5 billion reinsurer rated A-(Excellent) by A.M. Best directly backs each policy over $250,000. In addition, we are private-equity backed with significant financial resources. OneTitle has the financial capacity to take on critical commercial and residential transactions and routinely insures transactions large and small. This gives OneTitle clients dramatically expanded safety and peace of mind.
Our strong, clean balance sheet means no legacy policy liabilities. Moreover, as the sole direct-only title insurer—without any traditional independent title agents—we eliminated the single greatest financial risk: escrow theft by independent agents.
OneTitle is authorized to provide title insurance for all Fannie Mae, Freddie Mac, FHA and HUD loans, as well as jumbo, commercial, and other non-conforming loans.
OneTitle National Guaranty Company is licensed and regulated by the New York State Department of Financial Services.
OneTitle uses game-changing technology that is decades ahead of our competitors, many of whom still use paper files and outmoded database systems.
Agents with these older systems often cannot respond quickly to status requests, and routinely lose track of information or fail to record documents in a timely way. We ensure the highest standards for underwriting, employ and utilize cutting-edge software to protect nonpublic information.
Our underwriting process minimizes paper. Our servers are SSAE-16 and PCI-DSS compliant, with redundant backup and rapid disaster recovery. Our advanced, proprietary software gives you encrypted and secure access to all of your files, even after closing. Our system also makes it incredibly easy to see file status in real-time, clear exceptions, and get to the closing table faster and with fewer problems.
OneTitle is the only exclusively-direct title insurer in the United States. We are not a title agent or abstract company and we don’t force our clients to use middlemen. All of this adds up to one simple fact: when you call OneTitle, you talk directly
to decision-makers who resolve complex issues quickly, correctly and proactively.
No other underwriter gives you that kind of access on every transaction. And access means speed, accuracy and efficiency.
We know that your time and reputation are valuable, so we resolve issues upfront, meet deadlines and exceed expectations.
Many title agents, on the other hand, have limited in-house expertise and even more limited underwriting authority. When complex title issues arise, they have to ask an underwriter for help or permission, leaving lenders, loan officers and borrowers waiting for answers. As a direct-only writer, we give lenders and loan officers access to underwriter-level expertise previously available on only large commercial transactions. Our underwriting team has deep experience and has completed over $60 billion of real estate transactions in the past decade.