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Stewart has created a a loyalty program where returning Stewart policyholders in the state of Indiana can get a reissue and/or refinance credit. Read on for more information.
Stewart Loyalty Reissue Credits:
A reissue credit of 40% shall apply for returning Stewart policyholders on Indiana residential properties where a prior owner’s policy was previously issued by Stewart Title in Indiana within the immediately preceding 10 years. The credit shall apply up to the amount of the prior owner’s policy. To qualify for the reissue credit, a copy of the prior owner’s policy must be furnished to the title office by the current owner or by the title office (if the policy was originally issued through that title office), prior to the issuance of a new commitment for title insurance. Qualifying documentation may also consist of documents substantiating the existence of the prior Stewart policy.
Stewart Loyalty Refinance Credits:
A refinance credit of 45% shall apply for returning Stewart policyholders on Indiana residential loan properties where the chain of title establishes a prior existing institutional first mortgage recorded within the last 10 years affecting the same borrower(s) and affecting the same property. The credit shall be applied to the face amount of the new loan policy. Qualifying documentation may be furnished by the current owner or the title office, and may consist of documents substantiating the existence of the prior Stewart policy.
For more information, contact us.