The final application consists of the lender ensuring there are no changes to the borrower’s financial situation such as employment, verifying funds to close, and confirming all contingencies of the approval have been met. Your lender will contact you if they need any other information to finalize your application.
Prepare Yourself Financially
Write an offer
Schedule home inspection
Secure homeowner’s insurance
Once contingencies have been cleared and a closing date has been selected a homeowner’s policy can be issued effective the day of closing.
Receive closing documents/information
Final walk through
This is typically done the day of or the day before closing – final viewing of the property to ensure condition has not changed.