Final balancing
The lender and settlement agent reconcile loan figures, title charges, credits, taxes, insurance, and other closing amounts.
Closing Day
Clear to close. Now what?
Those are three excellent mortgage words, but the closing team still has details to finish before the keys become yours.
Review the Closing Disclosure
Read the final disclosure, compare it with prior estimates, and ask about anything that changed before signing.
Verify funds securely
Confirm the exact amount and wiring instructions through a trusted phone number. Wire fraud is real, and emailed changes should never be trusted blindly.
Do not change the file
Avoid new debt, major purchases, job changes, or unexplained money movement before funding. The loan may still be reverified.
Written by Marta Lillard
25+ years of mortgage experience, explained in plain English.
Mortgage Broker · First Coast Mortgage Funding · NMLS #879436 · Licensed in Florida and Georgia
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