Dynamic Endorsement System
LodeStar created the Dynamic Endorsement System to allow for greater control and flexibility. LodeStar users now can choose which endorsements to quote.
This does not require that every user needs to know all applicable endorsements. We have already determined that per our onboarding and setup process, and most quotes will contain pre-selected/defaulted endorsements. To the end user, their workflow remains unchanged.
The Endorsements Tab
After entering the necessary inputs (e.g., State, County, Township, Transaction, and Service Title Agent/Provider), users can select applicable endorsements using the "Endorsements" tab, accessible with a button on the righthand side of the interface.
Endorsements in the tab can either be preset/automatically checked, or the user can select additional endorsements or deselect them.
Preset/automatically checked endorsements can be set up by request, or predetermined based on either the service provider or their underwriter.
For example, the following endorsements have been predetermined to apply to cash-out refinances in Texas:
- T-19 Restrictions, Encroachments, Minerals
- T-3 Taxes Not Yet Due and Payable
- T-30 Tax Deletion
- T-36 Environmental Protection Lien
- T-42 Equity Loan Mortgage
- T-42.1 Supplemental Coverage Equity Loan Mortgage
Let’s say you always want to include the T-17 Planned Unit Development. You can send support your request, and we will add the T-17 to your list of preset/automatically checked endorsements.
Things to Keep in Mind
The tab will automatically open to show “Common” endorsements.
You can expand the list of endorsements by selecting “All."
If you have any questions, comments, or concerns, please do not hesitate to contact us at firstname.lastname@example.org.