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Buying a Home
Introduction
Get
Organized
Make an
Offer
Close on
Your Home
Who
Can Help Me?


1. Rent or Buy? | 2. Clean Up Your Credit | 3. Get Pre-Qualified | 4. Find an Agent |
5. Get Pre-Approved | 6. Make an Offer | 7. Home Inspection | 8. Prepare for Closing |
9. Attend the Closing

 

Sold!9. Attend the Closing Meeting

For the most part, your role at closing is to review and sign the numerous documents associated with a mortgage loan. The closing agent should explain the nature and purpose of each one and give you and/or your attorney an opportunity to check them before signing. A brief description of the major documents may help you understand their purpose and significance.

A closing can be attended by any number of people and may or may not include the seller, the lender, you, the seller's mortgage holder, respective attorneys, the real estate agent, the transfer agent (if it's a co-op), the managing agent (if it's a condo) and the Title Company representative.

What documents are required Who needs to sign
The HUD-1 Settlement Statement  
Final inspection of the property  
The Deed  
The Mortgage Note  
Water and Sewer Certification  
The Mortgage or Deed of Trust  
The Note  
The Truth-in-Lending statement  
The Initial Escrow Statement  
The Mortgage Servicing Disclosure Statement  

Congrats!!

When everything has been signed and the closing agent is satisfied that all of the instructions for closing have been complied with in full, you become the owner and are given the keys to your new home!

The Closing is Just the Beginning!

As an Allpointe Mortgage client, you'll enjoy an on-going relationship with your Mortgage Advisor. To help you manage your mortgage, your Mortgage Advisor will keep you informed of industry trends and new home financing options.

If you have any questions about the closing meeting or the process leading up to the closing, call an Allpointe Mortgage Advisor at 866-255-3535 . We will be happy to clarify any details to help better prepare you for buying a home.

 
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