On Your Closing Day…This Is What You Should Experience...

 On Your closing day, this is what you can expect.



First and foremost, if you have not wired your funds for closing, you will most likely do this when your bank opens. 

Then your buyers' agent and you will complete a walkthrough of the home you’re closing on. 

During this walkthrough, you want to make sure the home is left clean and in move-in condition.

Afterward, you will go to the title company at your scheduled closing time.

The title agent will ask you for 1-2 forms of identification, and please be prepared to provide them. 

Every document you're asked to sign will be explained to you.

The closing agent will also review your final closing disclosure to confirm your closing costs, total monthly mortgage payment, and the mortgage interest rate you secured. 

After signing your closing documents, the title agent will provide you with a copy of every document you’ve just signed. 

Please secure these documents for future reference. 

By this time, your loans proceeds have already been sent to the title company either the morning of or the day before.

For the title company to receive the loan is funding, they must provide the lender with all requested documents you signed. 

Upon receipt of everything that is required, the lender will issue what is called a funding number giving the title company access to your loan proceeds.

The home is now officially yours. Congratulations!

It’s important to know sometimes, because of your closing time, your loan does not fund the same day; it may fund the following day. If this happens, don’t worry; you’re not losing the home. 

Of course, as your mortgage professional, I am on standby for any questions or concerns. 

If you have any specific questions regarding the home loan pre-approval process, let me know. To check out all your loan options, our services page.

“Here’s what to do now… download your free homebuyer ebook, click here.” 

My name is Edgar DeJesus. I’m the mortgage advisor and branch manager of Treasure Coast Home Loans. Call or text, (772) 444-6362, with any questions that will let me separate opinion from opportunity. 

Thank you for taking the time to read my latest real estate and mortgage report.

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