Once your lender has the CTC (clear to close) the title co with be notified. The lender is required to give you your Closing Disclosure, which tells you what you need to pay at closing and summarizes your loan details. Read through your Closing Disclosure and make sure the numbers don’t vary too much from your Loan Estimate, which you would have received three days after your initial application.

Typically once the title co receives the CTC they will reach out via phone to get you scheduled to sign. The closer can come to you or you are welcome to go to the title co. Make sure you have your ID. The money needed to close (your down payment and closing costs) should never be given to your closer. All payments will be made by wire transfers via your bank.

You’ll sign a settlement statement, which lists all costs related to the home sale. . You’ll also sign the mortgage note, which states that you promise to repay the loan. Finally, you’ll sign the mortgage or deed of trust to secure the mortgage note.

After closing finishes, the closer delivers the docs to the county to be recorded, depending on the time of day it should transfer the same day.

Once everything has been recorded and the title co has proof of the funds you’re officially a homeowner. Your realtor will contact you to make arrangements for keys.