Closing and Beyond

Will I need to have an attorney represent me at closing?

In some areas of the country it is very customary, and sometimes required by law, to have an attorney represent you at the closing. In other areas, attorneys are not as common at a real estate closing. Please contact the closing agent if you have questions about attorney representation. By all means, we recommend that you have an attorney at the closing if it would make you more comfortable. If your attorney has any questions about your new mortgage, please refer them to your Home Loan Consultant. We’d be happy to provide any information necessary.

Can I get advanced copies of the documents I will be signing at closing?

The most important documents you will sign at closing are the note and mortgage, sometimes called the deed of trust. Unless there are special circumstances, these documents are usually prepared one to two days before your closing. Other documents are prepared by the closing agent the day before or the day of your closing. If you would like copies of the completed documents to be sent to you after they are prepared, please contact your Mortgage Professional.

Who will be at the closing?

The closing agent acts as our agent and will represent us at the closing. However, your personal Mortgage Professional will contact you prior to closing to talk about your final documents and to provide a final breakdown of your closing fees. If you have any questions that the closing agent can’t answer during the closing, ask them to contact your Home Loan Consultant by phone and we’ll get you the answers you need – before the closing is over!

I won't be able to attend the closing. What other options are there?

If you won’t be able to attend the loan closing, contact your Home Loan Consultant to discuss other options. If someone you trust is able to attend on your behalf, you can execute a Power of Attorney so that this person can sign documents on your behalf. In other cases, we’re able to mail you the documents in advance so that you can sign them and forward them to the closing agent. We’re sure to have a solution that will work in your circumstances.

If I apply, where will the closing take place?

We use a nationwide network of closing agents and attorneys to conduct our loan closings. We’ll schedule your closing to take place in a location that is located near your home for your convenience.

We’ll deliver our loan documents and wire transfer your loan funds to the closing agent or attorney prior to closing so that they’ll have plenty of time to prepare for your closing.

Can I make my monthly payments with an automated debit from my checking account?

Automated monthly payments are available. At the loan closing an automated payment application will be provided. Simply return it at your earliest convenience to enroll in the automated payment program.