Closing Documents in Detail

The best title company at the Lake of the Ozarks, Arrowhead Title, takes pride in providing the utmost closing and escrow services to our clients seeking real estate at the Lake. We also educate our clients throughout the process to ensure they can make decisions with confidence. In this week’s blog, we’re going to be talking about the pertinent documents you’ll find at your real estate closing at the Lake of the Ozarks. Read on to learn more!

Closing Disclosure (CD)

A closing disclosure is a document that includes the final details and terms of your loan transaction. Reviewing this document thoroughly is essential to ensure that all fees (and who is responsible to pay them), cash-to-close, interest rate, amortization, and payment dates are accurate. Your mortgage company and title agency will have ensured these balances before it gets to the closing table, but it’s wise to give it a review before signing to avoid any clerical errors that may have occurred.

The Note

Also known as the Promissory Note, this document is a written agreement of your promise to repay the loan obligation that you have taken out with your mortgage company. This document will contain the full balance of the loan requested, the interest rate, due dates, amortization form, as well as grounds for legal action should you default on your obligations.

The Deed of Trust (DoT)

This document contains shows the collateral that is being taken for the loan. The Deed of Trust is a legal document that gives the mortgage company rights to your home should you fail to make your mortgage payments (as promised on the Promissory Note that you signed). Once your loan obligation has been made, you will receive a deed of release, releasing your property form any rights the mortgage company previously had.

At Arrowhead Title, we strive to ensure total accuracy and transparency with all our closing and settlement services at the Lake of the Ozarks. We find that educating our clients on the “ins and outs” of the real estate process helps them make confident decisions and avoids any buyers remorse down the road. When you work with Arrowhead Title, we use our dynamic solutions, integrity, and expertise to help you navigate all your real estate closings at the Lake of the Ozarks.

The Lake of the Ozarks' Most Trusted Title Company

Where Accuracy Matters!

750 Bagnell Dam Blvd Suite B
Lake Ozark, MO 65049


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