Stage 5 of 6

Clear to Close

All lender and title requirements have been satisfied. Loan documents are approved, closing disclosures are signed, and the file is officially ready for closing day.

What typically happens

Closing is scheduled
Final figures are balanced
Buyer prepares wire funds
Documents are sent for signing

Related terms

Closing Disclosure

The final 5-page document showing your loan terms, monthly payment, and all closing costs. You must receive it at least 3 business days before closing.

Wire Fraud

The #1 financial threat to homebuyers today. Always verify wire instructions by phone before sending funds.