Closing Time
Clear to Close: What Happens Next?
You’ve reached a major milestone: Clear to Close. Here’s what to expect as you prepare for closing day, along with tips to ensure everything goes smoothly.
- Cash-to-Close
- Your Cash-to-Close is the total amount needed to finalize the transaction, including your down payment and closing costs.
- Review your Closing Disclosure (CD) carefully to confirm the amount and reach out with questions.
- Tip: Consider padding your wire slightly to avoid being short due to minor last-minute adjustments. Any overage will be reimbursed post-closing.
- Safe Wire Transfers
- Always independently verify your wire instructions with your closing attorney using a trusted phone number (e.g., found via their website).
- Never rely on contact details provided in email attachments or forwarded messages—these could be fraudulent.
- Send your wire as early as possible to avoid delays caused by bank processing times.
- What to Bring on Closing Day
- A government-issued photo ID.
- Any additional documents requested by your closing attorney.
- Final Steps
- Review your CD one last time.
- Complete a walkthrough of the property before signing.
- Celebrate—you’re almost a homeowner!
Exhale Lending is a mortgage brokerage firm that embodies trust, transparency, and a genuine desire to help clients achieve financial serenity. With our client-centric approach, expertise, and unwavering commitment to excellence, Exhale Lending is poised to make a meaningful impact on the journey towards homeownership for individuals and families alike.
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Exhale Lending, L.L.C.
NMLS 2493601 · NMLS Consumer Access
Equal Housing Opportunity
Equal Housing Opportunity
Office Location
1135 Kildaire Farm Road, Suite 200
Cary, NC 27511
Cary, NC 27511