LENDER ENTITIES
Comprehensive Solutions for Lenders
We understand that protecting collateral and ensuring compliance with loan requirements is crucial to financial security.
Alterity’s tailored approach is designed to streamline insurance processes, mitigate risk, and safeguard lenders insurable interests.
Our services deliver peace of mind and efficiency, ensuring seamless integration into lending operations.
Ready to build an insurance strategy that safeguards your financial risk and collateralized assets? Let Alterity’s expertise and tailored solutions elevate your institution, ensuring efficiency, security and lasting protection.
Our initial evaluation includes consultation on lender insurance requirements, customized documents, procedures and workflows. We analyze current insurance requirements, provide expert recommendations and deliver updated documentation for loan agreements.
We secure, review and record borrower insurance documents, ensuring they align with lender requirements. This process safeguards insurable interests, verifies compliance and facilitates a smooth transition of documentation to servicing teams.
Borrower endorsements and renewal insurance documents are thoroughly reviewed, recorded and compared against lender requirements to protect ongoing insurable interests in collateral.
We continuously monitor lenders’ insurable interests through a rigorous process that tracks insurance documentation, coverage and compliance to ensure accuracy and regulatory adherence.
Our team reviews borrower insurance documentation across lender portfolios, benchmarks coverage against insurance requirements and provides a detailed report with findings and recommendations.
We analyze lender-placed insurance, reinforcing loan collateral protection when borrower insurance is insufficient or absent. In partnership with NFP, an Aon company, we offer owner’s real estate (ORE), mortgage impairment and forced-placed coverage to enhance protection across collateralized assets.
Lender Services
Alterity’s collaborative approach engages lenders, borrowers and brokers to ensure efficient, timely reviews. From initial evaluations and origination assessments to ongoing compliance and portfolio audits, we provide expert analysis and tailored solutions, keeping lenders informed and their interests protected at every stage.