Step 4: Closing on Your New Home
Once you’ve applied for and secured a mortgage loan, you’re ready to close, which is also a process your MLO can assist with.
As part of the closing process, you’ll generally want to get a home inspection, which provides an in-depth examination of the home. Home inspections can reveal any underlying issues that you might want to address. Some prospective buyers negotiate
with sellers by asking them to make repairs or replace major appliances before they finalize their purchase.
Before you move into your new home, you’ll also need to pay closing costs to finalize your purchase, which commonly include fees for appraisal, inspection, origination and title fees, among others.
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For more information, call us at 1.800.205.3464 or contact us.