# Terms of Coverage The title insurance policy must ensure that the title is generally acceptable and that the mortgage constitutes a lien of the required priority on a fee simple or leasehold estate in the property. The title policy also must list all other liens and state that all are subordinate to Homium’s mortgage lien except the first mortgage lien.

Loan Origination Date	Title Policy Requirements
On or after January 1, 2024	The title policy must be written on one of the following forms: the 2021 American Land Title Association (ALTA) Loan Policy; an ALTA short form if it provides coverage equivalent to the 2021 ALTA Loan Policy and does not materially impair protection to Homium; in states in which standard ALTA forms of coverage are, by law or regulation, not used, the state-promulgated standard or short form which provides same coverage as the equivalent ALTA form, provided that those forms do not materially impair protection to Homium.
Prior to January 1, 2024	The title policy must be written on one of the following forms: the 2006 American Land Title Association (ALTA) Loan Policy or 2021 ALTA Loan Policy; an ALTA short form if it provides coverage equivalent to either the 2006 ALTA Loan Policy or 2021 ALTA Loan Policy and does not materially impair protection to Homium; in states in which standard ALTA forms of coverage are, by law or regulation, not used, the state-promulgated standard or short form which provides same coverage as the equivalent ALTA form, provided that those forms do not materially impair protection to Homium.

Loan Origination Date

Title Policy Requirements

On or after January 1, 2024

The title policy must be written on one of the following forms:

the 2021 American Land Title Association (ALTA) Loan Policy;
an ALTA short form if it provides coverage equivalent to the 2021 ALTA Loan Policy and does not materially impair protection to Homium;
in states in which standard ALTA forms of coverage are, by law or regulation, not used, the state-promulgated standard or short form which provides same coverage as the equivalent ALTA form, provided that those forms do not materially impair protection to Homium.

Prior to January 1, 2024

The title policy must be written on one of the following forms:

the 2006 American Land Title Association (ALTA) Loan Policy or 2021 ALTA Loan Policy;
an ALTA short form if it provides coverage equivalent to either the 2006 ALTA Loan Policy or 2021 ALTA Loan Policy and does not materially impair protection to Homium;
in states in which standard ALTA forms of coverage are, by law or regulation, not used, the state-promulgated standard or short form which provides same coverage as the equivalent ALTA form, provided that those forms do not materially impair protection to Homium.