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 know