Rate Alert! Rate Alerts Glossary Glossary Help Help
 
  Bankate.com
 
News and Advice Compare Rates Calculators
 
 
- advertisement -
 

Mortgages: The basics
Part III -- Closing the deal

You're coming to the finish line in the home-buying race. You’ve found a home you like and can afford, you have a mortgage loan, and now it’s time to close the deal.

The process of "closing," or the settlement of a home purchase, involves keeping track of a lot of paperwork, looking ahead to the life of the loan and building equity. Here is a guide to the final steps of reaching your goal of homeownership. Start with: Preparing for closing.

 
Mortgages: The basics
Part III: Closing the deal
Preparing for closing
Closing costs review
Escrow payments
Bridge loans
Closing day
Servicing the mortgage
Removing PMI
Prepayment
Refinancing
Mortgages: The Basics, Part I: Starting out
Mortgages: The Basics, Part II: Securing your loan
Related stories from Bankrate.com
Mortgage home page at Bankrate.com
Basics home
30 yr fixed mtg 3.89%
48 month new car loan 3.62%
1 yr CD 0.65%
Alerts
   
 
   
 
   
 
   
 
   
 
   
Checkup

More good stuff
Mortgage glossary
Mortgage calculator
Track prime rate/other leading rate indexes
Federal Reserve Board coverage
Need a home equity loan?
Have less-than-perfect credit?
MORTGAGE QUESTIONS?
Our printable checklist guides you through the process.
Buy our book
Your Financial Action Plan
Learn more
- advertisement -
 
 
- advertisement -




About Bankrate | Privacy Policy/Your California Privacy Rights | Online Media Kit | Partnerships | Investor Relations | Press Room | Contact Us | Sitemap
NYSE: RATE | RSS Feeds |

* Mortgage rate may include points. See rate tables for details. Click here.
* To see the definition of overnight averages click here.

Bankrate.com ®, Copyright © 2012 Bankrate, Inc., All Rights Reserved, Terms of Use.