The Stewart Master Residential Junior Loan Policy is a Stewart product designed to provide Lenders with a lower cost Title Insurance product that provides limited coverage for Junior Lien mortgage loans. The policy insures the validity and priority of the mortgage lien subject to the Exclusions from coverage, the exceptions listed in Schedule B and the Conditions and Stipulations listed in the policy. With the e-Quik&trade policy there are no endorsements or affirmative coverages included.

Coverage under the Master Residential Junior Loan Policy is not available for any first lien or refinances of first liens for a property.

Stewart Lender Services, through Electronic Closing Services, Inc. dba e-Title, will issue the Stewart Master Residential Loan Policy where applicable, according to the qualifying criteria for policy issuance and the availability per State approved rates and/or forms. If the loan application does not meet the issuing guidelines for the Stewart Master Residential Junior Loan Policy, an ALTA policy will be issued in its place insuring the new loan transaction priced at the applicable loan rate for that policy.

Contact Stewart Lender Services to learn more about our title products, and the e-Quik™ policy's specific coverage, limitations and qualification criteria.