Very soon we should receive what’s called the Clear to Close from the mortgage lender and underwriter. What does Clear to Close mean?
Clear to close means that the lenders and underwriters have looked at all of the paperwork, your bank accounts, etc. and have fully approved the loan. By giving us the Clear to Close they are saying we can move forward with the closing of your Nashville home and that they will fund the purchase of your new home, which is great news!
Once the Clear to Close is received, we will schedule the closing date, time and location. In addition, I’ll schedule the final walk through of your new home, which is usually conducted the day before or day of closing.