Step 10: Closing Day
Closing day is when everything comes together. You will meet at the title company or escrow office (or complete a remote online notarization in many states) to sign a large stack of loan documents. After signing, the lender funds the loan by wiring proceeds to the title company, which then pays off any existing liens, disburses seller proceeds, and pays all service providers. Once funding is confirmed and the deed is recorded with the county, you receive the keys to your new home.
Key Takeaways
- ✓ Closing typically takes 1–2 hours; remote closings may be faster.
- ✓ You will sign dozens of documents—read each one, or ask for a pre-signing package in advance.
- ✓ Bring your ID and any remaining funds not already wired.
- ✓ Your first mortgage payment is usually due 30–60 days after closing, not the following month.
What Happens During Closing Day
Detailed content for this step is coming soon. Check back for in-depth guidance on closing day, including common questions, timelines, and tips from our licensed mortgage advisors.
What You'll Need
- ■ Valid government-issued photo ID
- ■ Certified funds or wire confirmation for cash to close
- ■ Any outstanding conditions not yet satisfied
- ■ Homeowners insurance binder or policy