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Guideline: ALTA Junior Loan Policy Endorsement JR 2 (Revolving Credit/Variable Rate) 1996

Guideline: ALTA Junior Loan Policy Endorsement JR 2 (Revolving Credit/Variable Rate) 1996

Explanation:

This form endorses the Junior Loan Policy to provide insurance as to revolving credit and variable rate provisions in the insured's mortgage.



Underwriting Requirements:

You may issue this Endorsement when you issue the Endorsement JR 1, if you describe the insured's mortgage in the JR...

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):