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What happens at closing?

Answer to: What happens at closing?

At closing, you sign final loan documents, funds are transferred, and ownership is legally recorded. You’ll review and sign documents outlining:

Once documents are signed and funds are disbursed, the property officially becomes yours. It’s the final step in the process — and the beginning of homeownership.

Please consult your Mortgage Advisor for guidance specific to your situation before making changes.

Notes & good practices

  • Loan terms

  • Payment structure

  • Escrow setup

  • Final settlement figures

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