AOLPro

An Alternative to Title Insurance for Smart Investors

Maximize your profits by reducing high closing costs with an insured attorney opinion letter. Coverage for all stakeholders for one flat fee. Available in purchase, refinance, REO, short sale and cash transactions.

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Every Dollar Counts Toward Your ROI

Say goodbye to expensive title insurance and watch your investment returns grow.

For investors, closing costs are a drain on profitability, cutting into your hard-earned returns. With traditional title insurance, these costs can quickly escalate, impacting your cash flow and limiting your ability to scale. AOLPro is a revolutionary alternative to title insurance that significantly reduces these costs, allowing you to reinvest more capital into growing your portfolio.

Investor Savings

Investors save an average of more than $1,000 per transaction using an Attorney Opinion Letter. AOLPro offers comprehensive coverage for the investor, lender, and buyer for one flat fee that is much less than traditional title insurance.

Eligibility

You can use an AOLPro when you purchase or refinance investment properties. It is available in all 50 states on loans up to $1M or cash purchases. AOLPro provides coverage for you and the lender, so everyone is protected!

Universal Participation

Any lender can participate! In fact, 
Fannie Mae has already accepted more than 10,000 loans with an Attorney Opinion Letter in lieu of title insurance. Contact your lender to find out if AOLPro is available for your investment transactions.

What Can Smart Investors Do?

High closing costs are a frustrating reality for property investors

Title insurance makes up a large portion of these expenses, often with little flexibility. Despite advancements in data and technology, the cost of title insurance remains inflated, leaving investors paying premium prices for outdated services — until now!

  • AOLPro can save you hundreds, or even thousands, of dollars on closing costs per property.
  • AOLPro is an alternative to title insurance that protects you, as the investor, and your lender for one flat fee. There is no additional charge for protecting the investor like there is with title insurance.
  • AOLPro covers you for the total purchase price of your property.
  • AOLPro includes a full title search and review by an experienced real estate attorney.
  • AOLPro is the first full-coverage alternative to title insurance on the market. This means that smart investors nationwide can now benefit from the savings of an insured attorney opinion letter.
Reinvest Your Savings for Greater Growth

The cost-effective alternative to title insurance

No matter how many closing cost estimates you’ve reviewed, they never seem to get easier to swallow—or easier to understand. Hidden fees and inflated costs, like title insurance, continue to cut into your bottom line. Now you have a clear, affordable alternative that cuts through the noise. Ask to replace the owner’s and lender’s title insurance with AOLPro.

Florida
Loan Type Purchase
Loan Amount $700,000
Total Title Insurance Fees $5,470
Total AOL Fees $1,245
Total Saving $4,225
Ohio
Loan Type Purchase
Loan Amount $675,000
Total Title Insurance Fees $3,988
Total AOL Fees $1,245
Total Saving $2,743
Pennsylvania
Loan Type Purchase
Loan Amount $392,000
Total Title Insurance Fees $3,548
Total AOL Fees $1,145
Total Saving $2,403
How It Works

Smart investors like you have already saved thousands on closing costs.

Choosing an Attorney Opinion Letter instead of title insurance is a strategic move for smart investors. This innovative alternative significantly reduces closing costs and ensures comprehensive protection for your real estate investments. Here’s how to save:

1

Ask for AOLPro

Ask your title provider to close your loan with an AOLPro. If this option is not available, Alita will connect you with a provider.

2

Save with AOLPro

At closing, you’ll see AOLPro on your settlement statement instead of a title insurance premium, saving you hundreds or even thousands.

3

Protect with AOLPro

After closing, you’ll receive an AOLPro, documenting your coverage and all necessary title information.

Frequently Asked Questions

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Yes. AOL is backed by insurance issued by an A.M. Best A-rated insurance carrier and provides protection for the full amount of the loan for the life of the loan. AOLPro coverage also includes borrower fraud protection, gap coverage, a closing protection letter, and secondary market. Buyback coverage is exclusive to AOLPro and not included with title insurance.

AOLPro comes with a simple and reliable claims process. In the event of a claim during the loan’s lifespan, the lender or its successor will file a claim directly with the insurer. All the necessary claim information will be accessible through the AOLPro. Once the required documentation is submitted, claims are promptly processed and typically paid within 3-4 months.

Contact your lender to ask if AOLPro is available or contact us to learn more.

Learn More

Investor Resources

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  • The Wall Street Journal
    The Cost of Title Insurance on Homes Is Out of Sync With the Risk: Biden Administration Seeks to Waive Requirement on Certain Mortgage Refinancings
    Read Article
  • A Commentary On the Viability of Insured Attorney Opinion Letters as an Alternative To Title Insurance
    Read White Paper
  • Housing Wire
    HousingWire President, Diego Sanchez and Stacy Mestayer discuss insured attorney opinion letters as an alternative to traditional title insurance.
    Watch the Interview