The disclosures, appraisal, credit and income/asset
information are sent to the lender for final approval.
5. Closing
Once the loan is approved, then the closing is
confirmed and usually takes place 45-60 days after the seller
executes the purchase contract. The buyers' attorney guides
the buyer through the loan documents and closing documents.
Closings are attended by the more conscientious mortgage brokers
(like Amber Mortgage Lending Corp.). The keys are exchanged
and the purchase is concluded. Congratulations!
