Austin Title Company for Refi

[Arvin Poole]

Hi, 

I am in the middle of doing an interest rate reduction on my homestead (VA Loan) through Navy Federal CU. They mentioned that I can shop for my own title company. I have normally gone with the credit union's title partner but curious is it worth shopping. What should I particularly look for when shopping? Thanks for your help.

[Stephen Stokes]

Pricing is going to be almost all the same everywhere you go because title policy rates are set by the state government. However, there could be small fee differences such as remote notary cost and a few other small fees that are actually negligible. Also, you will receive a discounted rate on the policy itself if you have closed a title policy recently with that same title company so that is another consideration. Other than price, my main care about is the closer which handles the paperwork, communicates with you and the lender, and handles coordinating the closing. I personally look for good responsiveness and those that have a get S**** done attitude. If you run into a slow or lazy closer, you could be impacted on timing of closing which could risk a rate lock expiration. Hope that helps.