Closing Documents

2 Posts
1 Sections
1 Types

January 1, 1 6 min read Definitions

Insurance Binder Temporary Insurance Proof Property Insurance Real Estate Transactions Insurance Coverage Closing Documents

An insurance binder is a temporary document provided by an insurance company that serves as proof of insurance coverage until a formal policy is issued.

Read more about Insurance Binder.

January 1, 1 6 min read Definitions

Loan Closing

Loan Closing Real Estate Mortgage Property Transfer Closing Documents Escrow Closing Costs Settlement

Loan closing, often simply referred to as closing, is the final step in the mortgage process where the borrower and lender finalize various agreements and settle necessary payments to transfer ownership of a property.