A title policy and a clear-to-close decision are different

Build the evidence before choosing an input

Illustrative closing-file triage

An authored teaching record; amounts and situations are fictional, not market statistics or actual borrower files.

1. File item A: an old mortgage still appears in the title materials.
2. File item B: a payoff letter has been obtained, but release and recording requirements still need confirmation.
3. File item C: the proposed lender policy identifies the lender; owner coverage is a separate question.

Ask for a written resolution path for each item rather than marking the whole title file complete.

Turn the record into a usable next step

1. 1

   Review the commitment with the settlement agent or lawyer and identify every requirement that must be satisfied before funding or policy issuance.

2. 2

   For each unresolved claim, record the document needed, responsible party and deadline. Paying a debt and having its release properly handled are different steps.

3. 3

   Confirm the intended insured parties, coverage and exceptions. Verify payment instructions through an independently confirmed channel; do not rely on a new email alone.

Sources and scope

• CFPB — Owner’s title insurance

  Distinguishes ownership claims and owner versus lender coverage.

  Read November 1, 2026. This is the check date, not a new effective date for the source.

The review steps are DSCRDealCheck’s editorial checklist. Agency guides and consumer mortgage explainers define documents and concepts; they do not establish a DSCR provider’s program rules or guarantee that consumer disclosure requirements apply to business-purpose financing. See the transaction-scope distinction in Regulation Z. Confirm the actual file with the provider and the relevant qualified professional.

Continue the loan terms review

Choose the unresolved document in your file. Each guide addresses a different input or obligation.