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Effective on orders received on or after January 01, 2022.

Some services listed below are provided at cost or are pass-through fees, and may vary slightly based upon requirements of the specific transaction and county.

SERVICEZONE 1ZONE 2
   
Title Insurance  
Title Insurance PremiumTIRSA RateTIRSA Rate
EndorsementsTIRSA RateTIRSA Rate
   
Settlement Fee  
Residential$500.00$500.00
Commercial & Construction$600.00$600.00
Saturday Closing Fee$50.00$50.00
   
Search Fees  
Administration Fee$50.00$50.00
Property SearchPass ThroughIncluded in Premium
Per Chain Review Fee Above 2-Chains$35.00$35.00
Tax SearchPass ThroughIncluded in Premium
Municipal Search Admin. FeeN/A$200.00
Municipal Search FeePass ThroughPass Through
Patriot Search (per name)$10.00$10.00
Bankruptcy Search (per name)$10.00$10.00
Certificate of Good Standing200% of Actual Cost200% of Actual Cost
UCC Search - State and County200% of Actual Cost200% of Actual Cost
Franchise Tax Search$20.00$20.00
Tax Search ContinuationPass ThroughIncluded in Premium
Survey InspectionActual Cost + $75.00Actual Cost + $75.00
Judgement Lien Search - per purchaser namePass ThroughPass Through
Pre-Closing Continuation/RundownPass ThroughIncluded in Premium
   
Misc. Fees  
ACRIS Doc PrepN/A$75.00
Escrow Handling Fee - per item held$50.00$50.00
Recording Service Fee (per document, includes electronic recording fee)$30.00$30.00
Closing Continuation/RundownPass ThroughIncluded in Premium
Encompass Collaboration Fee$14 Refinance/$24 Purchase$14 Refinance/$24 Purchase
Overnight Delivery FeePass ThroughPass Through

NY Rates - Zone 1

(As filed by the Title Insurance Rate Service Association, Inc. as of February 15, 2019)

Purchase Transactions Up to $1 Million

Amount of InsuranceOwner's PolicyMortgage
First $35,000 or less$338$284

MINIMUM PREMIUM (except simultaneously issued policies)

Each additional $1,000 (or fraction thereof), add

FromToOwner's PolicyMortgage
35,00150,0006.736.28
50,001100,0004.203.90
100,001500,0003.383.14
500,0011,000,0003.032.81

*Note Owner’s Policy rates up to and including $1,000,000 are based on Investors Title Insurance Company’s deviation filing approved by the NY Insurance Department effective September 1, 2014.

Regular Owner’s and Mortgage Rates

Amount of InsuranceOwner's PolicyMortgage
First $35,000 or less$338$284

MINIMUM PREMIUM (except simultaneously issued policies)

Each additional $1,000 (or fraction thereof), add

FromToOwner's PolicyMortgage
35,00150,0007.526.28
50,001100,0004.693.90
100,001500,0003.783.14
500,0011,000,0003.382.81
1,000,0015,000,0003.092.57
5,000,00110,000,0002.812.35
10,000,00115,000,0002.622.19
15,000,001and up2.361.97

Simultaneous Issue of Owner’s and Loan Policies
When an owner’s policy and a loan policy are issued simultaneously covering identical property, the rate for the owner’s policy shall be the applicable owner’s rate. The rate on the amount of the loan policy that does not exceed the amount of the owner’s policy shall be calculated at thirty percent (30%) of the loan rate. The rate on the amount of the loan policy in excess of the amount of the owner’s policy shall be calculated at the full loan rate. 
  
Refinance and Subordinate Mortgage

(A) (1) Whenever a new loan policy (a “New Loan Policy”) is issued in the amount of $475,000 or less, the charge for the New Loan Policy shall be 50% of the applicable full loan rate up to the greater of:

(a) the full consideration paid for the deed, lease or assignment of lease vesting title in the mortgagor (the “Vesting Instrument”);

(i) computed from the amount of New York State Real Estate Transfer Tax stated on the Vesting Instrument, or (ii) otherwise shown on the Vesting Instrument, or (iii) shown in the public records, or

(b) the face amounts of all existing mortgages (including the consolidated amount of consolidated or modified mortgages) made by the owner of the fee or leasehold estate created by the Vesting Instrument (the “Existing Mortgage(s)”);

(2) provided that:

(a) the Vesting Instrument or the Existing Mortgage(s) on which the reduced rate is based was created within ten years before the date the order for the New Loan Policy was placed; and

(b) the new loan is to be made by all of the same or by some of the same persons as shown as the owners of the fee or leasehold estate in the Vesting Instrument, or by all of the same or some of the same persons as shown as the mortgagors in the Existing Mortgages; and

(c) The New Mortgage describes the same property or some of the same property as is set forth in the Vesting Instrument or the "Existing Mortgage(s)": means the New Mortgage describes all of the same property or some of the same property as shown in the Vesting Instrument or the Existing Mortgages.

(3) For any insurance that exceeds the greater of the amounts set forth in (A)(1)(a) or (A)(1)(b) above, the charge for such insurance shall be the full applicable loan rate.  

(B) (1) Whenever a new loan policy (a “New Loan Policy”) is issued in the amount of more than $475,000, the charge for the New Loan Policy shall be 70% of the applicable full loan rate up to the greater of:

(a) the full consideration paid for the deed, lease or assignment of lease vesting title in the mortgagor (the “Vesting Instrument”):

(i) computed from the amount of New York State Real Estate Transfer Tax stated on the Vesting Instrument, or (ii) otherwise shown on the Vesting
Instrument, or (iii) shown in the public records, or

(b) the face amounts of all existing mortgages (including the consolidated amount of consolidated or modified mortgages) made by the owner of the fee or leasehold estate created by the Vesting Instrument (the “Existing Mortgage(s)”);

(2) provided that:

(a) the Vesting Instrument or the Existing Mortgage(s) on which the reduced rate is based was created within ten years before the date the order for the New Loan Policy was placed; and

(b) the new loan is to be made by all of the same or by some of the same persons as shown as the owners of the fee or leasehold estate in the Vesting Instrument, or all of the same or some of the same persons as shown as the mortgagors in the Existing Mortgages; and

(c) New Loan describes all of the same property or some of the same property as shown in Vesting Instrument or the Existing Mortgages.

(3) For any insurance that exceeds the greater of the amounts set forth in (B)(1)(a) or (B)(1)(b) above, the charge for such insurance shall be the full applicable loan rate.

(C) “Existing mortgage” includes only mortgages that are open of record and have not been paid off prior to the transaction being insured.

(D) Additional discounts may be applicable pursuant to the following sections 14(A) and 14(B).   

Construction Loan Insurance
The construction mortgage rate is the Regular owner’s rate.
 
Endorsements
Contact our local agency for information regarding added coverage provided through endorsements and the costs.
 
For further information regarding these and all other applicable rates, please refer to the TIRSA Rate Manual approved by the Superintendent of Insurance of the State of New York, effective September 1, 1993 and containing approved changes through February 15, 2019 or call our local office.

NY Rates - Zone 2

(As filed by the Title Insurance Rate Service Association, Inc. as of February 15, 2019)

Purchase Transactions Up to $1 Million*

Amount of InsuranceOwner's PolicyMortgage
First $35,000 or less$341.70$327

MINIMUM PREMIUM (except simultaneously issued policies)

Each additional $1,000 (or fraction thereof), add

FromToOwner's PolicyMortgage
35,00150,0005.675.27
50,001100,0004.624.31
100,001500,0003.713.46
500,0011,000,0003.383.14

*Note Owner’s Policy rates up to and including $1,000,000 are based on Investors Title Insurance Company’s deviation filing approved by the NY Insurance Department effective September 1, 2014.

Regular Owner’s and Mortgage Rates

Amount of InsuranceOwner's PolicyMortgage
First $35,000 or less$382$327

MINIMUM PREMIUM (except simultaneously issued policies)

Each additional $1,000 (or fraction thereof), add

FromToOwner's PolicyMortgage
35,00150,0006.345.27
50,001100,0005.164.31
100,001500,0004.143.46
500,0011,000,0003.783.14
1,000,0015,000,0003.482.90
5,000,00110,000,0003.092.57
10,000,00115,000,0002.922.42
15,000,001and up2.622.19

Simultaneous Issue of Owner’s and Loan Policies
When an owner’s policy and a loan policy are issued simultaneously covering identical property, the rate for the owner’s policy shall be the applicable owner’s rate. The rate on the amount of the loan policy that does not exceed the amount of the owner’s policy shall be calculated at thirty percent (30%) of the loan rate. The rate on the amount of the loan policy in excess of the amount of the owner's policy shall be calculated at the full loan rate. 

Refinance and Subordinate Mortgage

(A) (1) Whenever a new loan policy (a “New Loan Policy”) is issued in the amount of $475,000 or less, the charge for the New Loan Policy shall be 50% of the applicable full loan rate up to the greater of:

           (a) the full consideration paid for the deed, lease or assignment of lease vesting title in the mortgagor (the “Vesting Instrument”);

                (i) computed from the amount of New York State Real Estate Transfer Tax stated on the Vesting Instrument, or (ii) otherwise shown on the Vesting
                 Instrument, or (iii) shown in the public records, or

            (b) the face amounts of all existing mortgages (including the consolidated amount of consolidated or modified mortgages) made by the owner of the fee or leasehold estate created by the Vesting Instrument (the “Existing Mortgage(s)”);

(2) provided that:

          (a) the Vesting Instrument or the Existing Mortgage(s) on which the reduced rate is based was created within ten years before the date the order for the New Loan Policy was placed; and

          (b) the new loan is to be made by all of the same or by some of the same persons as shown as the owners of the fee or leasehold estate in the Vesting Instrument, or by all of the same or some of the same persons as shown as the mortgagors in the Existing Mortgages; and

           (c) The New Mortgage describes the same property or some of the same property as is set forth in the Vesting Instrument or the "Existing Mortgage(s)": means the New Mortgage describes all of the same property or some of the same property as shown in the Vesting Instrument or the Existing Mortgages.

(3) For any insurance that exceeds the greater of the amounts set forth in (A)(1)(a) or (A)(1)(b) above, the charge for such insurance shall be the full applicable loan rate.

(B) (1) Whenever a new loan policy (a “New Loan Policy”) is issued in the amount of more than $475,000, the charge for the New Loan Policy shall be 70% of the applicable full loan rate up to the greater of:

        (a) the full consideration paid for the deed, lease or assignment of lease vesting title in the mortgagor (the “Vesting Instrument”):

             (i) computed from the amount of New York State Real Estate Transfer Tax stated on the Vesting Instrument, or (ii) otherwise shown on the Vesting
              Instrument, or (iii) shown in the public records, or

         (b) the face amounts of all existing mortgages (including the consolidated amount of consolidated or modified mortgages) made by the owner of the fee or leasehold estate created by the Vesting Instrument (the “Existing Mortgage(s)”);

(2) provided that:

(a) the Vesting Instrument or the Existing Mortgage(s) on which the reduced rate is based was created within ten years before the date the order for the New Loan Policy was placed; and
 
(b) the new loan is to be made by all of the same or by some of the same persons as shown as the owners of the fee or leasehold estate in the Vesting Instrument, or all of the same or some of the same persons as shown as the mortgagors in the Existing Mortgages; and
 
(c) New Loan describes all of the same property or some of the same property as shown in Vesting Instrument or the Existing Mortgages.
 
(3) For any insurance that exceeds the greater of the amounts set forth in (B)(1)(a) or B(1)(b) above, the charge for such insurance shall be the full applicable loan rate.
 
(C) “Existing mortgage” includes only mortgages that are open of record and have not been paid off prior to the transaction being insured.
 
(D) Additional discounts may be applicable pursuant to the following sections 14(A) and 14(B).
 
Construction Loan Insurance
The construction mortgage rate is the Regular owner’s rate.

Endorsements
Contact our local agency for information regarding added coverage provided through endorsements and the costs.
For further information regarding these and all other applicable rates, please refer to the TIRSA Rate Manual approved by the Superintendent of Insurance of the State of New York, effective September 1, 1993 and containing approved changes through February 15, 2019 or call our local office.

Schedule of Rates Zone 2