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With negotiations on your sale/purchase finalized, mortgage loan secured and insurance services selected, it is now time to sign all the paperwork and officially close the transaction on your new home.
 
Reviewing the CLOSING DISCLOSURE

Your closing agent will receive a series of instructions from your lender, concerning all paperwork needed to consummate the transaction. Once all the required insurances, documents and certifications are acquired, your closing agent will prepare the final loan package. As part of that loan package, the closing agent will prepare a Closing Disclosure, which is a statement that details your actual closing costs. The Closing Disclosure must be provided to you 3 days prior to closing.

REVIEW THIS DOCUMENT THOROUGHLY.

It is vitally important to review the document and to compare it to the original Loan Estimate you received from your lender. The closing costs should be very similar to the original estimate. If you see any errors or have concerns about variations in prices between the two documents, report them immediately.