After Home Closing, Which Documents Should I Keep? » Mortgage Masters Group

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What Happens on the Closing Date for a Mortgage? The date of your first home closing is fast approaching, and you’re both excited and a little nervous. There’s a lot to do on the closing date, and the process is often confusing for a first-time homebuyer.

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You’re about to close on your next home. Here’s what to expect at a mortgage closing, who will be in attendance, what documents you need to have and how to prepare for closing.

A few days after you submit your mortgage application, your lender. Your closing package will contain your loan estimate document for your. pay it off, permission to foreclose on the home if you stop paying. computer science along with a Master of Business Administration.. 1997-2016 XO Group Inc.

This is based not only on a mortgage’s closing costs but factors like property taxes and utilities paid in to date by the seller. A final walkthrough will often be performed the day of or before closing to verify the property is in the same condition it was when the process began, provided it’s agreed upon in the contract.

Even as technology moves closer to a paperless society, some printed original documents must be kept, including home loan documents. When it comes to.

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Keep these documents safe together with the HUD statement and title report you. by Leaf Group. Keep all mortgage-related paperwork until after you sell the house in case any last. Nolo: Documents to Save From Your Home Closing.

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