Closing Your Loan

Refinancing an existing loan is more that just about the interest rate.

Prior To Your Loan Closing

  • Once you’ve reviewed your estimated closing statement and agree with the charges, you’ll arrange for a time to attend your closing and sign your loan papers. 

    You will need to bring a valid photo ID for identification purposes. If you’re going to the closing needing to pay certain closing costs, you can pay those costs with a cashier’s check or you can wire the necessary funds directly to your settlement agent. 

    All parties that are on the loan application should be present for the closing.
free consultation logo
  • At least one day before your scheduled close you will receive a closing disclosure which lists all the charges related to your new mortgage along with the loan amount, interest rate and other details. It is with this disclosure that you compare the closing costs initially introduced to you with the final amount. If you have any questions, speak with your loan specialist, who can walk you through the charges line by line.
  • As you approve your closing disclosure, your next stop is at the settlement agent. At your appointment you will sign all required paperwork, some of which you’ve previously signed. Many times in the instance of duplicate documents, a “live” signature is required where a copy of your signature is not.
  • One by one, your settlement agent will ask you to review and sign your loan papers and once you’ve completed your signing, the settlement agent will review your file and return to Majestic.
  • We will then review the signed documents to make sure the settlement was held appropriately and all required signatures are where they’re supposed to be. Once this has been determined, your loan is ready to fund.

Home Loan Mortgage Expert Advice

jumbo home loans

VA Jumbo Loan

Get a quote from The Nation’s #1 VA Lender See why more Veterans choose Cambridge Capital than any other VA lender. See If I’m Eligible

Read More »
best jumbo home loan rates

Jumbo Home Loans

 Jumbo loans are an investment tool they’re not for the average borrower.  Or so we thought.  Today, however, thanks to the boom in real estate

Read More »
va home loans

Best VA Mortgage Refinance Rates

Since Veterans or VA mortgage loan rates are backed by the federal government, lenders like CambridgeHomeLoan.com can offer competitively low-interest rates. The eligible veteran will

Read More »