Who Can Pick The Title Company

On purchases 98% of time the buyer’s agent selects the title company. What most buyers don’t know is that THEY have the right to select the title company. Sometimes its worth it to discuss it with your mortgage broker, because they will be doing most of the work with the title company.

The LOs are the ones who will order title, supply all of the information needed for the title work, and work with them on make any bank request changes, and scheduling and coordinating the settlement. This becomes a very important issue right before closing, because sometimes the loan amount may change, the bank may want changes to the title work, or they may need verification about a correct address for the subject property, or any other changes the bank will require before the give the loan a final approval and release the documents and the money.

I understand that realtors have their relationships with title companies, but for the benefit of the buyer, they need to involve the LO and the key to everything is communication. Everyone wants the deal to close, and that can be accomplish smoother with the LOs working on providing the loan with a title company they works with consistently and they know each others procedures, turnaround times, and staff.


Sr. Mortgage Broker
Bethesda Homes