Title insurance for private lending?

[Hen Ley]

I'm looking at becoming involved with private lending.  I know when someone receives a traditional loan from a financial institution they typically are required to purchase title insurance to protect the lender.  Do private lenders ever also purchase title insurance, either as a requirement from the borrower or just cover the expense themselves?

[Kenneth Garrett]

@Hen Ley

Yes I use private lenders and they require a lenders policy that I pay for.  It’s part of doing business and it’s a reasonable request.  If you have any other questions let me know.