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When refinancing a home?

do you have to pay title insurance if you have already done that when you initially purchased the house?

2 Answers

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  • Lisa L
    Lv 6
    1 decade ago
    Favorite Answer

    Only Lender's Title Insurance would have to be bought, not Owner's Title. You should be able to get a re-issue rate. I have never seen more than a few dollars difference from one title insurance company to another. Not sure what the other poster was talking about. Huge difference in Home Owner's Insurance, yes. Title Insurance, no.

  • 1 decade ago

    Yes, because the old title insurance attaches to the old lien. Sometimes if you go with the same title insurance company, they will give you a discount. Also,the title insurance company is your choice, so be sure to shop around, you can actually save hundreds of dollars by choosing correctly.

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