How to prepare:
The lender will send you a Closing Disclosure at least three days before your closing. Go over these forms before you arrive at your closing, so no surprises will arise. The forms will include a list of all the final terms of your loans including closing
costs, how much cash you’ll need at closing, and the details of who pays and receives the money. Purchase homeowner’s insurance before the closing day so you can move in once everything is official.
What you’ll need:
- Photo identification
- Outstanding documents for the title company or mortgage loan officer
- A certified or cashier’s check, bring several!
What you’ll do:
Sign everything! Your signature will get plenty of practice today. Documents you’ll sign include a settlement statement, mortgage note, and a deed of trust. The seller will sign the documents to transfer the property to your ownership. And then the title
company will register the new need in your name. Lastly, you’ll pay any remaining closing costs listed in your closing disclosure.
After a day of signing endless documents, the home is officially yours! Get ready to unpack and start living in your new home.