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#1886446 - 01/14/14 06:08 PM Title Insurance Early Start Coverage
Christine81 Offline
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Joined: Mar 2011
Posts: 78
We are doing a construction loan and will be doing the permanent financing, so we are required to disclose. The title company is charging an "Early Start Coverage" fee because the customer owns the property did some demolition and septic work prior to the construction loan closing. Is the Early Start Coverage fee considered a prepaid finance charge?

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Lending Compliance
#1886573 - 01/14/14 07:56 PM Re: Title Insurance Early Start Coverage Christine81
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 78,965
Galveston, TX
It is part of the title insurance policy, is it not?
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#1886581 - 01/14/14 07:58 PM Re: Title Insurance Early Start Coverage Christine81
Christine81 Offline
Member
Joined: Mar 2011
Posts: 78
Thanks!

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