Funding
Signing. Here comes the best part. Once your Mortgage Company has agreed to close or fund your loan, the signing can begin. Before this happens, however, be sure to verify and finalize all the documents, and to supply any additional requirements (such as photo IDs or cashiers' checks). The final loan documents are usually signed in the presence of a notary at a title company.
Wiring funds. Depending on the Title Company, Mortgage Company, Real Estate Company, or even the time of day or month, it can sometimes take a few minutes for all funds to be wired to the appropriate parties for your transaction to become a final reality.
For more information on any of these issues, contact a local HomeSense® Realty Agent.