Finalize the Loan

• Provide all requested documentation: Your lender will require documentation such as bank statements, tax returns, and employment information to process your loan application. Make sure to provide all requested documentation in a timely manner to avoid delays in the loan process.

• Lock in your interest rate: Interest rates can fluctuate, so it's important to lock in your interest rate as soon as possible to ensure that you're getting the best rate possible.

• Stay in communication with your lender: Keep in touch with your lender throughout the loan process to ensure that everything is moving forward smoothly and to address any issues or concerns that may arise.

• Review the loan documents carefully: Before closing, review all loan documents carefully to ensure that all terms and conditions are accurate and that you understand them.

• Get a final loan approval: Before closing, your lender will provide a final loan approval, which confirms that your loan has been approved and provides the final details of your loan terms and conditions.

• Attend the closing: Attend the closing to sign all necessary documents and finalize the sale.

• Make your first mortgage payment: Make your first mortgage payment on time to ensure that you remain in good standing with your lender.

Finalizing a loan when buying a house can be a complex process, and it's important to stay in communication with your lender and review all documents carefully to ensure that everything is accurate and understood.