Lender Policy

Reduce the risks involved in providing mortgage loans to commercial borrowers and protect your investment with FCT’s lender policy.

A one-time premium, paid for by the borrower, insures you against covered risks until the mortgage is fully discharged from the title. If the registered interest of the mortgaged property is challenged as a result of a covered risk, we will cover the defence and associated costs.

The amount of insurance is usually the principal amount of the mortgage. Our duty to defend coverage is unlimited and does not reduce the amount of insurance. Canadian banks as well as the majority of national lenders and credit unions recommend or mandate the use of title insurance to protect their interests.

For more information, call 1.800.307.0370