Stewart Lender Services meets the varied needs of its lender customers with a full range of title and settlement services. Title products vary from simple vesting and legal description information to the full array of title insurance products. Stewart also works closely with its lender customers to develop innovative solutions to meet industry demands.

ALTA Short Form Policy

The Short Form Residential Loan Policy is issued to a lender making a loan secured by a one-to-four family residential lot or condominium. The policy insures against the invalidity or unenforceability of the lien of the mortgage and against loss or damage should the priority of the mortgage be other than as shown in the policy. The insuring provisions of the policy are broad. However, their coverage is limited by the Exceptions in Schedule B, the Exclusions from Coverage and the Conditions and Stipulations of the policy.

In other ALTA policy forms (except the Master Residential Loan Policy) all of the policy provisions are contained within the policy itself.

The Short Form Policy uses a different format.

This Short Form Policy incorporates by reference the Exclusions and Conditions and Stipulations contained in a standard ALTA Loan Policy form. It contains a printed Schedule B which excepts to certain defects, liens and encumbrances. However, certain specific coverage is given with regard to these matters. Coverage may include violation of building restrictions, damage from the use of easements, encroachments and damage to the land from the exercise of mineral rights. Title risks that are unacceptable to the insurer are shown in an Addendum to the policy.

The complete range of insured products includes ALTA full coverage policies in compliance with secondary market requirements, home equity policies, limited coverage policies and guarantees underwritten by Stewart Title Guaranty Company and other Stewart family underwriters.

Contact Stewart Lender Services to learn more about the full range of our title products backed by Stewart Title Guaranty Company.