How to Close on a Mortgage

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How to Close on a Mortgage – This is a place for the community to provide tips and advice on How to Close on a Mortgage. This topic was created by Rup Chatterjee and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Mortgage Closing Process: When Does It Close & When Do I Get a Key? - Zillow

Published: 9 years, 5 month(s) ago | Submitted by Chris 53825 | permalink

For further reading: http://www.zillow.com/mortgage-rates/buying-a-home/mortgage-closing-process/ ^[1]

Tip 2 - How to Close on a Home or Real Estate Deal and Avoid Problems

Published: 9 years, 5 month(s) ago | Submitted by Marsha Keller | permalink

Master the basics of the closing process for a mortgage home loan or other real estate deal while avoiding common problems. Learn more now at Credit.com.

For further reading: http://www.credit.com/loans/mortgage-questions/how-to-close-on-a-home-or-real-estate-deal/ ^[2]

Tip 3 - How Long Does It Take to Close on a Mortgage?

Published: 9 years, 5 month(s) ago | Submitted by Leslie Birch | permalink

The time it takes to close a mortgage loan varies with the type of mortgage, buyer/homeowner situations, and lender processing efficiency. A good rule of thumb, however, is to assume that a typical ...

For further reading: http://homeguides.sfgate.com/long-close-mortgage-9287.html ^[3]

Tip 4 - I’m about to close on a mortgage. What are the key steps I can expect in the mortgage closing process?

Published: 9 years, 5 month(s) ago | Submitted by Cindi Lovins | permalink

The closing is a key final step in the purchasing and financing of a home. During this time, you agree to pay back a loan and grant the lending institution the right to take back the house if you do not make the payments you agreed to. Your lender will transfer money that you are borrowing to the seller on your behalf, and the seller will sign a document called a "deed" which is the legal docu

For further reading: http://www.consumerfinance.gov/askcfpb/1905/im-about-to-close-on-a-mortgage-what-are-the-key-steps-i-can-expect-in-the-mortgage-closing-process.html ^[4]