Multiple Owner's Title Policies vs Multiple Lender's Policy

[brian.romero]

Multiple Owner's Title Policies vs Multiple Lender's Policy

Looking to begin gathering requirements for multiple lender title policies.

SoftPro doesn’t allow for multi-lender title policies; however, it allows for multi-owners.
As I understand it, when a property is purchased, one owner title policy is assigned, but there could be several lenders.
Does SoftPro have this backwards or is there a reason for this?
Can you advise of the business reason behind this?

[Melissa McBerkowitz]

Sure - Select does allow you to enter multiple lender's policies, but limits you to one loan policy per loan. If you have several lenders, you would first add those loans (to the Order.Loans collection), then associate each loan with a lender (Loan.Lender, these lenders have to be added to the order contacts first). When you add loans to the order, the application will automatically add an associated loan policy for the loan.