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Closing
Here comes the best part. Time to close your loan. Before this happens, however, be sure to verify and finalize all the documents, and to supply any additional requirements (such as photo IDs or cashiers' checks). The final loan documents are usually signed in the presence of an escrow officer or a notary.
Wiring funds
Your funds are either automatically deducted or wired-in the latter case, the money is electronically transferred between financial companies. Make sure that the wiring instructions and all important numbers are clarified and checked for accuracy by both parties.
Give yourself a pat on the back. Your loan is now funded! Tie up any loose ends by confirming the money transfer and filing all pertinent documents of the transaction.
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