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What is Instant Title?

The longer it takes to close a loan, the higher the risk of losing the customer. The significant time it takes to close a loan, not only frustrates buyers and homeowners, but it also costs lenders time and money. This has not escaped the notice of more forward-thinking title insurance companies seeking to streamline the process.

Download Brief

Despite efficiencies, the average closing time is 59 days for a purchase transaction, and 47 days for a refi.
– Ellie Mae

Read this guide to learn:

  • What is instant title insurance underwriting
  • The benefits – and drawbacks – of expediting the search and clear-to-close process
  • The impact of using risk-based decisions vs. rules-based decisions
  • How to avoid sliding back into the old pre-COVID-19 way of handling transactions