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A Unique Collaboration in Title Services for Credit Unions Prime Alliance Title, LLC is a unique collaborative effort between Prime Alliance Solutions Inc., and Pen Fed Title, LLC, a CUSO owned and operated by Pentagon Federal, the nation’s third largest credit union. Pentagon Federal opened its title operation in 2006 for the purpose of improving the borrowing experience and lowering the cost of settlement services for their members. Better Together Credit unions are best when credit unions work together. Our industry’s proven that time and again over our 100-year history of providing affordable financial services to members nationwide.
It’s on this foundation we’re building Prime Alliance Title, LLC. As a group, Prime Alliance credit unions are equal in size to the nation’s 8th largest retail mortgage lender. Our mortgage volume combined with Pentagon Federal’s, results in formidable buying power, which means lower costs for you and for your members.
Title Insurance and Settlement Fees Because it is an insurance product, title insurance rates are highly regulated and filed with each State Insurance Commission. Though we can’t discount title insurance for this reason, we can establish negotiated settlement costs, which often times are inflated, adding unnecessary member expense. With Prime Alliance Title, LLC, members everywhere pay the same low cost.
Ordering is Easy Placing a Prime Alliance Title order is easy using Prime Alliance’s Loan Officer Workbench. Simply add PA Title to the drop-down box on the services order screen, complete the form and submit the order. The title order will be fulfilled and become part of the electronic loan file PA has helped its customers create since 2003.
Available Now in CO, DE, DC, FL MD, NJ, NY, NC, PA and VA Entering the Title Insurance business is tricky: every State has different laws, and different licensing requirements. Prime Alliance Title is ready to do business in these 10 States; we’ll be adding more as time goes on. If you lend in these areas, we’re ready to serve your credit union.
Get the answers you need quickly with a single point of contact. Prime Alliance Title enhances the member experience Prime Alliance and your credit union strives to create. Have questions on a title order? Need resolution quickly to meet member and Realtor® closing needs? Just call your Prime Alliance Account Executive: Sean Habron (East) 301.645.8245 or Tonya Coon (Midwest) 517.522.3453 or John Hernandez (West) 801.784.5223 and we’ll see that you have the answers that put your members in their homes quickly, comfortably and affordably. Additional Reference Links: alta.com article
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