Commitments are issued specific to the policy type being issued. There are basically 2 owner policies and 3 loan policies. The owner types are the "owners" + "homeowners". The lender types are the "lenders" ("long form") + "short form" + "short form expanded". The policy type listed on the commitment is super important. This should be an automatic feature of generating a correctly worded commitment to match the policy that will be generated. This should be a basic premise of the software, and I would not categorize as a "new feature" or "enhancement", the software should do this automatically. Otherwise, the user is forced to generate the comment, save it, and somehow manually change it. Before signing it and sending it out. It's something the software can be easily programmed to do, and should be doing.
Hello
Due to the fact that not everyone generates Jackets within the software (as not all Underwriters have integrations and not all users use an integration), we cannot do this. It is based on if you are doing Standard or Enhanced, which is the Rate Type.
E-Closing