Closing Disclosure
Review final loan terms, payment, cash to close, and closing costs before signing.
Closing day
Closing is the final coordination point between financing and ownership.
The final stage includes reviewing closing figures, signing documents, delivering required funds, satisfying final loan conditions, recording the transaction, and transferring possession under the contract.
Final funds
Required funds should be delivered only using independently verified wiring or settlement instructions.
Signing
Loan, title, escrow, and transaction documents are signed as required.
Funding
The lender releases loan funds after applicable conditions are satisfied.
Recording
The deed and security instrument are recorded with the appropriate local authority.
Keys and possession
Possession is determined by the purchase agreement and transaction instructions, not merely by signing documents.