Loan Process - Settlement

Once your loan is out of underwriting it goes straight to our closer, Becky Lamica. She will prepare your legal documents and send initial settlement figures to the title company. The title company will be responsible for prepare the final HUD-I settlement statement. This is a document that details every cost associated with your loan and will let you know the final amount you will be required to bring. The title company will send us the HUD-I and we will review to make sure all fees are correct. Once we complete our review, we will send your loan documents to them for final signature.

The title company will require either a cashier's check or a wire for the amount you will need to bring to closing. Be sure to make the check payable to the title company. We can provide any wiring instructions or any other information you may need to complete this transaction.

Give yourself a pat on the back. You've come a long way! You will now sign the loan documents at the title company and your financing will be complete We strive to make sure that every part of this process runs smoothly. We sincerely hope that you are 100% satisfied and look forward to establishing a long standing relationship for years to come.