There were lots of high fives and a few hoots of celebration at First National Title Insurance Company (FNTI) last month when we received notice that Demotech had assigned us an A-Exceptional rating. For three years we had been building a company where revenues, profitability, and stability consistently grew. Although we felt deserving of an A-Exceptional rating in 2013, we patiently waited for the three years of “seasoning” Demotech requires of new companies. When that milepost finally came, the good news arrived as well.
With our new rating, we contacted all the lenders, mortgage companies, banks, farm credit banks, and credit unions that had previously rejected FNTI as an approved underwriter to inform them of our new and improved rating. I am pleased to report that we are now approved by a majority of those institutions. We will continue to reach out to any lender that does not know our story and share the good news and A-Exceptional rating. If you experience similar problems with your lender customers, please contact us immediately. We will address the lender’s concerns and work diligently to resolve any acceptability issue.
Our goal has always been to grow First National Title Insurance in a fiscally responsible manner and to create a company that you “know, like, and trust.” The assignment of an A-Exceptional rating validates all the hard work and effort our team has given to making FNTI the successful company it has become. We are all dedicated to the continued success of the company and to becoming the independent agent’s preferred source for all of its underwriting needs.
To learn more about FNTI and how we can help you succeed in 2015, visit our website at www.fnti.com. Also, be sure to check out our new mobile real estate title app – FIRST App, now available for download in the Apple and Google Play store. To see how easy it is to bring your business with you on the go with FIRST App, visit www.fnti.com/firstapp for a fun preview!