Real Estate Closing Documents

Real Estate Closing Documents

The home buying process can be confusing. At the closing table, you may feel like papers are flying every which way and that you have no idea what you have just agreed to. That’s why it is so important to know what you are signing ahead of time. Here are a few real estate closing documents you should know.

Loan Application

Also called the 1003, this real estate closing document is the application you completed when initially applying for the loan. It will show the income, assets, and debts you disclosed. When it comes time for closing, you will review the original and sign a copy.

Closing Disclosure

On this document, you will see all the numbers laid out. It will have the purchase price, loan amount, pre-collected taxes, credits, insurance, lender fees, title fees, real estate agent broker fees, and any other charges related to the purchase. Your lender is legally obligated to disclose this to you 3 days ahead of closing.

Amortization Schedule

This is a schedule of your loan payments over the life of the loan.

Title Commitment

The title commitment is a real estate closing document that shows the chain of title and any judgments, liens, or claims on the property. The title company’s job is to prepare a clean title to pass on to a new buyer.

Title Insurance

There are two types of title insurance, the lender’s policy, and the owner’s policy. The lender’s policy is obligatory and protects the lender from any title issues. Depending on the title company, the owner’s policy is sometimes optional and protects the owner from any title issues.


A mortgage is a lien that holds the property as collateral for repayment. Anyone that appears on the deed will appear on the mortgage and sign. This will be recorded in public records.


This document goes in hand with the mortgage. The mortgage note is what legally obligates you to pay back the loan. Your lender could potentially sell this document to a bigger lender after closing. Whoever holds the note is who you will make mortgage payments to.


The deed shows the transfer of title from one owner to the next and will contain the names of the sellers, buyers, and legal description of the property. After closing, the deed will be recorded in public records.

Other Title Documents

The lender and title company are two separate companies, so the title company will have a few other real estate documents you will need to sign. These are typically documents that protect the title company from any undisclosed information.

Intro To Real Estate

Understanding real estate closing documents is just one piece of real estate investing. That’s why our company developed affordable real estate education courses to prepare investors with the knowledge they need every step of the way. These courses were designed for all levels and learning styles. We know firsthand the freedom and possibilities real estate investing offers, and we want to share what we know. Click here to learn how to take the next step towards your future success with real estate investments.


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