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NM Partial Coverage Endorsement Guideline 26

NM Partial Coverage Endorsement Guideline 26

Explanation:

This endorsement is designed for use with a loan policy when the amount of the policy requested is less than the principal amount of the debt secured by the mortgage.

For example, a mortgage may encumber two or more parcels but the policy requested does not cover all of the tra...

Any revision to this form requires approval of a Stewart Title Guaranty Company underwriter. The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.

Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.

This guideline applies to the following form(s):