Staples Group Mortgage | St. George, Utah


Why Do I Need A Title Company?

There are a lot of people involved in the home buying process that work hard to help you close on your dream home.  Some of the roles are clearer while others you may not know too much about. 

You may be wondering why you need a title company, what their role is in the closing process, and why they are so important.  

The title company plays one of the crucial roles in the closing of your home and in helping you avoid any future legal issues. 

What other roles do they play in the mortgage closing process? Keep reading to learn more! 

What is a Title Company?

So what exactly is a title company?

A title company’s job is to ensure that every component of the real estate transaction runs smoothly, legally, and problem-free. After thorough research and their expertise, they make sure that the title to a piece of property is transferred correctly from the seller to the buyer. 

title company - sign

Why Is A Title Company An Important Part of the Mortgage Closing Process?

Title issues are pretty rare, but if they do arise it can possibly cost you your home. Working with a title company that has a stellar reputation throughout your mortgage closing process helps you ultimately avoid expensive potential problems. 

title company - home

Title Insurance

Once they ensure that the title to a piece of real estate is legitimate, the title company will issue title insurance for that property. Title insurance protects the lender/and or borrower against any claims against the property or legal disputes. There are 2 main types of title insurance: owner’s title insurance and lender’s title insurance. Here’s a little more info on title insurance from

title company - lineEscrow Officer

Your title company can also serve as your escrow officer. Making sure that closing costs, down payments, and any other funds will be paid correctly and properly dispersed. 

Closing Agent

The title company also acts as a mediator and impartial party during the closing meeting. They provide help with the mortgage closing process and ensure that all important documentation is signed and distributed correctly. 

title company - team

What Does a Title Company Charge?

According to the Federal Reserve, “a lender’s policy on a $100,000 loan can range from $175 in one state to $900 in another.” The cost of title insurance depends on the size of the loan and where you live. No matter the circumstance, this charge is a one-time fee that is paid at closing. 

title company - charge

How Do You Pick a Title Company?

Putting in the time to shop around and pick out a high quality title company is absolutely worth it. A home is one of the biggest investments most people will make in a lifetime. Your lender will likely have their top picks ready for you. 

title company - meet

Who We Recommend…

Here at Sun American we highly recommend and refer clients to North American Title Company!

They have a team of skilled escrow, title and sales executives, seasoned attorneys and the resources and stability of a Fortune 500 parent company.

They’ve got what it takes to get things done and are better equipped than ever. With well over 1,000 associates and a vast network of branches from coast-to-coast, North American Title Company is among the largest real estate settlement service providers in the United States! Consisting of both agent and underwriter operations, they are always there to help you close whatever your real estate transaction may be. Whether you are a consumer purchasing, selling or refinancing a home, a REALTOR®, a builder, a commercial investor or a lender, they can service your needs. North American Title Company does it with skilled underwriters, seasoned attorneys and the resources and stability of a Fortune 500 parent company. 

If you want to learn more about this great company call 602-280-7500 or visit

Thanks for reading and we hope you enjoyed this article! If you’re ready to purchase a home or have any questions about the mortgage loan process, please call us at 480-832-4343 or visit us at


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