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| SIMULTANEOUSLY-ISSUED OWNER’S & LOAN POLICIES The charge is $25.00 for the loan policy
SIMULTANEOUSLY-ISSUED OWNER’S & LEASEHOLD POLICIES
The charge for the leasehold policy is 30% of the owner’s policy premium
Basic Rates (Manual 4.2)
Cost per $1,000 of Policy Coverage |
| $ 0 - $ 100,000 |
$ 5.25 |
| $ 100,001 - $ 500,000 |
$ 4.00 |
| $ 500,001 - $ 2,000,000 |
$ 2.75 |
| Over $ 2,000,000 |
$ 2.25 |
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| REISSUE Rates (Manual 4.3)
Cost per $1,000 of Policy Coverage |
| $ 0 - $ 100,000 |
$ 4.25 |
| $ 100,001 - $ 500,000 |
$ 3.25 |
| $ 500,001 - $ 2,000,000 |
$ 2.25 |
| Over $ 2,000,000 |
$ 2.00 |
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| Reissue Rates (Manual 4.6.1)
Cost per $1,000 of Policy Coverage
The Refi Rate is given for the up to the face value/original mortgage amount. Anything over that amount is calculated @ base rate as is the New Jersey standard. |
| $ 0 - $ 100,000 |
$ 2.50 |
| $ 100,001 - $ 500,000 |
$ 2.25 |
| $ 500,001 - $ 2,000,000 |
$ 2.00 |
| Over $ 2,000,000 |
$ 1.50 |
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Mortgage Modification Rate (Manual 4.6.2)
Cost per $1,000 of Policy Coverage |
| $ 0 - $ 100,000 |
$ 1.75 |
| $ 100,001 - $ 500,000 |
$ 1.50 |
| $ 500,001 - $ 2,000,000 |
$ 1.25 |
| Over $ 2,000,000 |
$ 1.00 |
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| MINIMUM UNDERWRITING CHARGE $200.00 |
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