What documents will I need to sign at closing?

At closing, you will be required to sign several documents. In New York, these documents will include the mortgage, the deed of trust, the loan estimate, the closing disclosure, the promissory note, the title report, and the survey report. The mortgage is simply the document you signed when you agreed to borrow money from the lender. This document will state the loan amount, terms of payment, and other details related to your loan. The deed of trust is a document that shows the title of the property transferring to the lender. This document will also list any outstanding liens or encumbrances on the property. The loan estimate is a document that outlines all of the financial details of your loan, including the total amount of the loan, the interest rate, and the loan terms. This document will also outline any additional fees associated with the loan. The closing disclosure is a document that outlines all of the terms of your loan. This document also includes the amount of your down payment, the principal balance of your loan, and any closing costs associated with the loan. The promissory note is the document that outlines the terms of repayment of your loan. This document will state the loan amount, the interest rate, and the payment schedule. The title report is a document that outlines the legal description of the property and any liens or encumbrances that may be attached to it. The survey report is a document that outlines the dimensions and boundaries of the property. This document is important for establishing the legal boundaries of the property. At closing, you will be required to sign all of these documents in order to finalize the loan and transfer ownership of the property. It is important to read all of these documents carefully before signing to ensure that you understand the terms of your loan.

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What documents will I need to sign at closing?

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