re: Title Insurance

No conforming lender will not require title insurance. Also, most lender unless a finance co, will require title insurance because of risk. Lender's cover's them, so they all will require it. I know RMC is an attorney, but owner's title is always more expensive than lenders. He may mean that part of the premium is covered under lenders and part under owner's I am not sure. Most people to get owner's on a purchase because of the transfer of title. Most just get lender's on a refi bcause the original transfer is covered. Also, I am not sure, but if you go back through the same title co, there should be a reduction of cost for a refi because they already sold you a policy.

However, no reputable lender, will not require title insurance on a purchse. Too much risk.