When refinancing your mortgage, the bank often hires a title company to perform a thorough title search. Should there be no issues with the title, the title company can then move forward with the refinancing process. The amount needed to pay off an existing mortgage, settlement fees, and additional funds will be determined in closing documents. Upon signing the settlement agreement, refinancing of your mortgage commences, so you may successfully repay the home loan promptly.
As a title company, River City Title handles all of the background processes and paperwork involved with refinancing. We are a direct line between the lender and the borrower.