What is Loan Closing?

  1. Overview
  2. Lending Process
  3. What is Loan Closing?

Closing a home loan is the last step in buying a home. Once both parties involved in the transaction agree and sign closing documents, the funds will be distributed, the title transfer deed and loan deed of trust will record with the local county recorder’s office becoming public record and the borrower will officially become responsible for the loan.

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