It is imperative that all parties attend the closing.
If this presents a problem, please notify us immediately.
- Homeowners Insurance:
You will need to contact your insurance agent to be sure
that the lender is named as the lien-holder in the exact
manner as indicated in the mortgagee clause of your commitment
letter. We will need a copy of this binder and a receipt
provided to us at least two (2) weeks prior to closing.
The receipt must show the amount of your annual premium,
and the period it covers.
- Condominium Certificate
of Insurance: If the property is a condominium,
you will need to obtain the insurance statement from the
condominium association. Your lender should be named as
the lien-holder in the exact manner as indicated in the
mortgagee clause of your commitment letter.
- Condominium Lien Release:
If the property is a condominium, you will need to contact
a statement from the condominium association indicating
that all condo fees and assessments are paid to date.
- Mobile Homes:
If the property is a mobile home, you will need to contact
the park owner to obtain a statement that the park rent
fees are paid to date.
- Mortgage Payoff Information:
You need to provide us with the lender names, loan numbers,
and telephone numbers for all the current mortgages on your
property. You will need to freeze any home equity accounts,
and provide written authorization for us to obtain the payoff
statement(s). We need this information as soon as possible
in the process, as many lenders now require significant
advance writing notice for payoff information.
- Tax Bill:
Please fax us the most recent tax bill for the property.
If it is unpaid, the lender may require us to pay it at
closing. If it has been paid prior to closing, we will need
a paid receipt from the tax office.
- Photo Identification:
Each borrower needs to bring a valid driver’s license
(or photo identification) to the closing for notary purposes.
- Certified or Cashier’s
Check: The check should be payable to our
office in an amount we will provide prior to closing. If
this closing is a cash-out refinance, there may be no check
required. We will be able to determine this only when the
final figures are completed.
Return to Closing/Settlement