Can a bank lend if house is ineligible for title insurance?

[Paul D.]

Can a bank lend on a house that you own free and clear but ineligible for title insurance?

Possible Future Situation: House was purchased from a surviving spouse and deed was transferred and recorded without the deceased spouses estate going through probate. House was willed to selling spouse.

Haven't closed on house but this is the situation I would be in if I do close on it. 

Its a cash transaction and want to cash out after sale and keep it as a rental.