Why should you set up an escrow account?

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What happens after you submit your application?

After you submit your application, all of your information needs to be checked.

What will you receive from the lender?

Your welcome package includes the Good Faith Estimate and Truth-in-Lending Statement. 

What happens on closing day?

 

On closing day, you officially become a homeowner and receive your closing package.

 

What will you need to bring to closing?

Compare your HUD-1 to Good Faith Estimate and bring a cashier’s check for closing costs.

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What happens at closing?

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A one-page summary of key loan terms written in plain language.

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