Title Processor

Title Processor Interview Questions and Answers

Updated 25 Aug 2022

Q1. What is mortgage and what is current owner search and what difference between current owners search and update search.

Ans.

A mortgage is a loan used to purchase a property. A current owner search is a title search to determine the current owner of a property.

  • A mortgage is a legal agreement in which a lender agrees to loan money to a borrower to purchase a property.

  • A current owner search is a title search that determines the current owner of a property and any liens or encumbrances on the property.

  • An update search is a title search that is conducted after a current owner search to ensure that ther...read more

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