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Once your loan request has been approved, the loan documents (ominously known as "the package") will be prepared by the lender. In North Carolina, attorneys are responsible for facilitating the closing. You will select an attorney. Your attorney will search the quality of title to assure that there are no outstanding judgments or liens. Your attorney will order the survey of the property. Your attorney will also obtain title insurance to protect you and the lender in the event that there might be any defects of title, which might not be recorded at the courthouse.
The final function of your attorney is that he or she will prepare the final closing figures. In addition, the attorney is responsible for writing checks to all of the different parties at the closing and funding of the transaction. In this regard, you should anticipate that your attorney will require you to bring a certified or official bank check for closing.
Up Application Overview The Loan Application Processing Your Loan
Underwriting Your Loan What Moves Rates? The Appraisal Process
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Contact Information
Nations Home Funding
4700 Falls of Neuse Road
Suite 120
Raleigh, NC 27609
919-877-0022 Ext 204 (p)
919-877-9505 (f)
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