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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
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