Being retired from the mortgage business I agree that it is a ripoff. Even making it worse is that you are going with the same leander. They will tell you it covers their interests incase there is a lean on your property that doesn't show up in their title search. They search the title and if they miss something I believe it shoulld be their problem but they force you to insure for thier mistakes.
Also they will tell you they are saving you money by selling you the policy at a "Reissure Rate." Just more money in their pocket. With all the fees they tack on, you need to calculate if the lower interest rate will actually save you money over the life of the loan.
Good Luck
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