Lender Requirements
Lenders are vetting settlement agents in a wide variety of ways. Make sure your practice meets Best Practices standards and is prepared to address the requirements needed by lenders.
Download Lender Requirements
Suggested actions for Fund Members:
- Review your practice and volume with specific lenders.
- Review lender requirements with the Bank Requirement Chart, Information Center, and consider setting up Google Alerts for lender updates.
- Decide on the level of requirements appropriate for your practice per the Lender Requirement Scale.
- If 3rd party certification is needed, ensure AT LEAST 90-day lead time for the review period and 6-8 months to complete.
Lender Requirement Complexity Scale
Find out how difficult it is to obtain different Lender Best Practice requirements. Download the Lender Requirements for more information.
The 7 Pillars of ALTA's Best Practices
Implementation of a set of industry best practices developed by ALTA can help title professionals meet new market demands by proving regulatory compliance and that funds and information are being protected, which could help capture increased market share.
On-Demand Training Library Webinars
Helpful Links
Authorized Agent Letter
A Fund Member’s status as an Old Republic agent in good standing may be verified by visiting oldrepublictitle.com, selecting Agent Verification from the Services/Products dropdown and entering The Fund Member’s Old Republic Agent Number.
Best Practice Questions?
Email questions to legaled@thefund.com and receive answers from the experts.
News & Updates