Can you get a loan on a property with a CLTA policy?

[John Giggy]

Hi.

I have an investor client interested in purchasing a metes and bounds property with a duplex built in 1952. Chicago Title is telling me they can only issue a CLTA. My client is purchasing the property with cash. My client is concerned if he goes to sell years down the line he will face an issue where the new buyer would not be able to obtain a loan on a property with a CLTA policy and his buyer pool will shrink to cash buyers only which could delay the sale. 

Can lenders lend on properties with CLTA policies?

Any additional thoughts are greatly appreciated.