What to expect on closing day
Closing on your home
Overview of the closing process
The end-to-end closing process can take a few weeks, but it all comes together on closing day — the day when the home becomes yours! Here are a few tips to get you there.
Know before you close
As you get ready to close on your new home, these last few steps will ensure that everything is squared away so you can close with confidence.
Before closing, schedule a final walk-through
About a week before closing, you'll have a final walk-through of your new home. This will help you see exactly what you’re purchasing and its current state. During your walk-through, check the furnace, air conditioner, major appliances and toilets to make sure they are working. If you requested any repairs, check that they were made. Likewise, if you negotiated to keep something in the house, such as specific light fixtures or appliances, be sure that they're there.
Review the closing disclosure
Three business days before closing you'll receive a closing disclosure. This document itemizes all of the funds and costs paid by the buyer and seller either at or before closing. This document will show the loan amount, interest rate, loan term, origination fees, title insurance, deposits for property insurance, and taxes and other fees. Review the closing disclosure carefully and compare it to the Loan Estimate you received to make sure there are no surprises.
Your Home Lending Advisor can help with questions about the closing disclosure.
Take the first steps of preapproval
Ready to apply?
