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What Happens After Clear to Close? Next Steps for Buyers

August 4, 2022 by Becca Stewart Leave a Comment

Finish line

The home buying process is just that: a process. In most cases, the loan applications can take four to six weeks or longer to complete, depending on the applicant, the financial institution, and other factors. Receiving a “clear to close” is the last step in the loan approval process. Once you’re cleared, it’s generally smooth […]

Filed Under: Blog Tagged With: Clear to close, Closing, Closing costs, Closing day, financing, Home buyer, Home buying, Loan Denied, Mortgage Loans, refinance

How to Wire Money for Closing

June 16, 2022 by Becca Stewart Leave a Comment

Wire transfers_how to wire money for closing

Finally, closing day is almost here! Before you get the keys, you will need to bring money to cover closing costs and all other fees associated with the purchase. You will bring this amount to closing in the form of a certified payment type: wire transfer, certified check, or cashier’s checks. Wire transfers are usually […]

Filed Under: Blog Tagged With: Buyers, Clear to close, Closing costs, Closing day, Down payment, For The Buyer, Home buyer, Homebuyer

How to Avoid Being Denied After Clear to Close

February 22, 2021 by Becca Stewart Leave a Comment

How a credit report can cause your loan to be denied

You’ve found the perfect home, made an offer, completed all the paperwork with your lender, and you receive the exciting news: you’re “clear to close.” For many homeowners, it’s the news they’ve been waiting for: the finish line to a long and sometimes arduous process. However, a clear to close is not the finish line. Unexpected […]

Filed Under: Blog, Mortgage and Financial Tagged With: Clear to close, First Time Homebuyer, Loan Denied, Mortgage Loans

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