ARS Calculator Update- Suffolk County, NY

The ARS Calculator has been updated to reflect a new fee in Suffolk County, New York. The county legislature approved an amendment to Local Law 26-2016 that adds a Mortgage Verification Fee of $300 per document on all mortgage related documents. This law goes into effect on January 1, 2017.

The Mortgage Verification Fee fee will apply to all mortgage related documents, such as, but not limited to, mortgages, mortgage assignments, CEMAs and mortgage satisfactions.

We stand behind our rate calculator, which is why we advise you to pull a new quote for each application, to ensure you are receiving a current fee. If you do not have access to our calculator, please inquire with us for a login.

New Title and Settlement Company Allegiant Reverse Services Caters to the Reverse Mortgage Market

ARS’ team of experienced title experts brings determination and professionalism to the industry.

MEDIA RELEASE: Roseville, CA; Nov. 8, 2016

Recently launched Allegiant Reverse Services (ARS) is a full-service title and settlement company dedicated to reverse mortgage closings nationwide.

Led by industry veteran Rob Awalt, ARS aims to create an efficient transaction process for reverse mortgage lenders, brokers and senior borrowers, who can rest assured that their services will be completed accurately and on time. ARS offers clients reverse mortgage training, keeping them abreast of industry developments and providing innovative tools for loan officers.

With locations in California, Texas and Maryland, ARS has a growing team of seasoned title and settlement experts who use their extensive reverse mortgage experience to provide quality service to their clients. The ARS team will be attending the National Reverse Mortgage Lenders conference in Chicago later this month.

“ARS is not just a vendor, but a partner to our clients,” says Awalt. “We are problem solvers determined to find solutions, and our end goal is to take care of the borrower.” Awalt says embracing the pace of an ever-changing industry is the key to his company’s success. “To stay relevant in the reverse arena we have to be able to evolve with the industry. Our team is resilient and our willingness to adapt and adjust to our clients’ needs is what sets us apart.”

Learn more about ARS and its services by contacting Megan Awalt at 844-808-8299 or at allegiantreverse.com.

A Hug A Day…

At the Allegiant corporate offices, we are not all work and no play! We keep our environment fun and ensure that everyone here knows how much they are a valued team member. On October 17th, National Boss’s Day, we wanted to ensure our fearless leader – President Rob Awalt, knew how much he was appreciated.  So we gathered around and surprised him with a big group hug!

Thanks Rob for all you do. Happy Boss’s Day!

UCC-3 Terminations and Notice of Independent Solar Panel Contracts

Please note that in order to have a UCC removed from the commitment, we will require a UCC-3 be provided for our files. Please note that the UCC-3 does NOT need to be recorded.

Also, note, that the UCC-3 has no effect on a separate Notice of Independent Solar Contract that may also be of record. In order to remove the Notice of Independent Solar Contract, we do require a separate termination for this document. The lender also has the option to request an Endorsement specific to the Solar Panel Contract, and the cost for the endorsement is $100.00.

Please click here to access the most recent Fidelity National underwriting guidelines that are specific to Solar Panels.

ALTA Best Practices Certification

We’re proud to announce that our ALTA Best Practices certification is complete.  In addition to our Secure Insight approval, this is another testament to show our commitment to protecting the privacy and security of our lenders and borrowers.

This certification proves that we have taken the necessary steps to meet the Best Practices framework including:

  1. Licensing
  2. Escrow Accounting Procedures
  3. Privacy and Information Security
  4. Settlement Procedures
  5. Title Policy Production and Delivery
  6. Professional Liability Insurance Coverage
  7. Consumer Complaints

The Legacy Continues. Allegiant Reverse Services Announcement.

Day one of our new venture was spent at the East Coast NRMLA conference in New York City. At that time we didn’t have a name, office or email address but we had a vision for what would become Allegiant Reverse Services.

Throughout the event we heard the same message over and over, “I work with people, not with companies.” Sixty days later our division includes the following people:

Team Leads – Settlement Officers

  • Joe Altamirano
  • Krystal Lilly
  • Josalyn Pagonis
  • Nicole Snyder
  • Lindy Noble
  • Jennifer Tenney
  • Cheryal Meyer
  • Kim Jeanminette

Customer Service

  • Adan Gutierrez
  • Natalia Herbert

Management

  • Rob Awalt
  • Tina Meilinger
  • Megan Awalt

In addition to the vast amount of experience and knowledge held within our company, we’re also backed by the top two underwriters in the nation. Fidelity National Title and First American Title provide comprehensive coverage, stability and the security our borrowers and lenders deserve.

Powered by the strength of the platforms below, our customer service department is available to start placing your title and settlement orders today!

Online Orders – ResWare
Fees — TitleHound
Property Information — REiSource by Corelogic

We’ve been overwhelmed by the positivity and words of encouragement and thank you for continuing to trust us with your borrowers. Thank you and we look forward to working with you!UpdatesUp