Sonoma County Mortgages

All financing provided by New American Funding

(707) 217-4000 | Apply Now
  • Home
  • Purchase
    • How Much Down Payment To Buy A Home?
    • How Much Income You Need To Buy A Home
    • How Much Should I Save For Buying A Home?
      • How Rates Affect Payment
    • No PMI Mortgages
    • FHA Loans
    • Sonoma County Disaster Loans
    • Jumbo Loans
  • Refinance
    • Mortgage Rates
    • Does It Make Sense To Refinance?
      • Get Your Refi Paperwork In Order
    • How To Pay Off Your Loan Faster
    • How To Remove PMI
    • How Lenders Price & Quote Loans
  • Loan Programs
  • Payment Calculator
    • Mortgage Affordability Calculator
  • Blog
  • Scott Sheldon
    • Scott Sheldon
      Senior Loan Officer
      NMLS ID# 287389
      Direct: 707 217-4000
      Scott.Sheldon@nafinc.com
      Specializing in Residential Home Loans for Primary Residences, Second Homes, Investment Properties, Single Family Homes, Condos, PUDs, 1-4 Units.

Get Your Latest Rate Quote Now!

Who Decides Which Title Company To Work With For My Mortgage?

January 15, 2014 by Scott Sheldon

Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin
Pin on Pinterest
Pinterest
Share on Google+
Google+
Email this to someone
email
Print this page
Print

When buying a home, the seller typically makes an initial request to use a particular title company, however it is not mandatory to accept their choice. In some situations, if you work with the seller’s preferred title company they will discount the title fees. This is very common in bank owned property transactions, but there is a cost, that cost is usually a lack of service because these companies operate under a price model rather than a service model and might only discount a few hundred dollars at the expense of your transaction not closing on time.

When possible it’s recommended to work with the title company recommended by the mortgage company or by your real estate agent. Why? Because most mortgage and real estate professionals have preference on title company because they know which title companies will perform and which  are going to make sure the transaction closes smoothly and more importantly, on time.

In a refinance situation, the title company is usually determined by the lender unless you have preference. Ultimately it’s up to the consumer to choose which title company to work with.

Looking for competitive local mortgage lender who has an outstanding relationship with their title company? Look no further contact Scott.Sheldon@nafinc.com today!

Related Mortgage Advice from Scott Sheldon

  • Can I choose my own appraiser for my mortgage loan?

    Unfortunately no, lenders are under very tight scrutiny as our real estate appraisers to make…

  • Should I work with a mortgage broker or a mortgage lender?

    Depends-primarily on who you feel comfortable with. Let's be honest, this is the largest transaction…

  • Which Mortgage Company For My Home Loan?

    How to select the right mortgage company for competitive rates. Choosing the right mortgage company…

  • FHA Mortgage Insurance Premiums Now .85%

    The mortgage insurance premiums on FHA loans has now been reduced .85%. This represent more…

Filed Under: Purchase Mortgage Loans Questions and Answers, Refinance Loans Questions and Answers

SCM on Yelp



New American Funding:
Sonoma County Mortgages

12 Reviews
Recent Review:

James R.

Scott was persistent in getting us to look at refinancing with him and I’m very happy that he was. Our refinance has given us the breathing room… Read More

SCM on Facebook

SonomaCountyMortgages.com

Location & Contact

Scott Sheldon, Senior Loan Officer
NMLS ID# 287389
3558 Round Barn Blvd Suite 200
Santa Rosa, CA 95403
1-707-217-4000
Email Us!

Copyright 2018 SonomaCountyMortgages.com · About Us · Sonoma County Loans · Privacy Policy · Terms Of Use · Legal · Site Map

NMLS Consumer Access © New American Funding. All rights Reserved. NMLS ID#6606.
Corporate Office 14511 Myford Road, Suite 100, Tustin, CA 92780. We at New American Funding take great pride in our customer service and make it our number one priority. We encourage you to contact us for complaint resolution or any post-closing questions you may have regarding the servicing of your loan. We strive to have your experience with New American Funding a stellar one. In the rare case that our service did not meet your expectations, please call our customer care hotline at 1-800- 450-2010, ext. 7100 or you may contact us by email customerservice@nafinc.com. Please leave a detailed message and we will follow up with you no later than the end of the next business day.

State Licensing | Privacy | Terms of Use | Electronic Consent Agreement

Connect With Scott In Your Inbox

Looking for a home? Real estate insider? Get connected with Senior Loan Officer Scott Sheldon. Scott stays updated on the latest in the mortgage industry, so you can stay updated with him!