<p>Understanding the sequence of events helps you stay organized and reduces anxiety. Below is a typical 7‑day timeline after you receive your loan commitment:</p> <ol> <li><strong>Day 1–2: Final Walk‑Through</strong> – Verify that agreed‑upon repairs are completed and that the property is in the same condition as when you made your offer. Bring a checklist; NMHL provides a printable <em>Walk‑Through Worksheet</em> for free.</li> <li><strong>Day 3: Title Search & Insurance</strong> – Your title company confirms there are no liens. If you’re using NMHL’s <strong>Title Shield</strong> program, you receive a $250 credit toward title insurance.</li> <li><strong>Day 4: Final Credit Review</strong> – The lender issues a Closing Disclosure (CD) at least three business days before closing. Compare it to the Loan Estimate you received earlier; any change over $400 must be explained.</li> <li><strong>Day 5: Funding Confirmation</strong> – NMHL’s funding department verifies that your down payment (as low as 3.5% for FHA, 5% for conventional) and any required reserves are in place.</li> <li><strong>Day 6: Closing Appointment</strong> – You meet the settlement agent, sign the mortgage note, deed of trust, and other disclosures. Bring a government‑issued ID, a cashier’s check or wire confirmation for the exact amount shown on the CD.</li> <li><strong>Day 7: Funding & Recording</strong> – NMHL wires the loan proceeds to the title company, the deed is recorded with the county, and you receive the keys.</li> </ol> <p>Each step is an opportunity to ask questions. NMHL loan officers are available for a pre‑closing call to walk you through the CD line‑by‑line.</p>

<p>The closing table can feel like a courtroom, but each signature has a purpose:</p> <ul> <li><strong>Mortgage Note</strong> – Your promise to repay the loan. Review the interest rate (e.g., 6.125% fixed for 30 years) and any pre‑payment penalties.</li> <li><strong>Deed of Trust / Mortgage</strong> – Secures the loan with the property as collateral.</li> <li><strong>Truth‑in‑Lending Disclosure (TIL)</strong> – Summarizes the loan’s APR, finance charges, and total payments.</li> <li><strong>Affidavits</strong> – Include the Occupancy Affidavit (you’ll live in the home as your primary residence) and the Mortgage Insurance Affidavit (if your down payment is under 20%).</li> <li><strong>Settlement Statement (HUD‑1)</strong> – Shows who pays what. Verify that seller‑paid items (e.g., $1,200 in repairs) are correctly reflected.</li> </ul> <p>Ask the settlement agent to explain any unfamiliar term before you sign. Remember, once you sign, the documents become legally binding.</p>

<p>National Mortgage Home Loans isn’t just a lender; we’re a partner. Here’s how we add value on the most important day of your home‑buying journey:</p> <ul> <li><strong>Dedicated Closing Coordinator</strong> – Assigned to every borrower, this specialist confirms that all documents are ready and answers last‑minute questions.</li> <li><strong>NMHL Pre‑Approval Dashboard</strong> – Gives you real‑time visibility into your loan status, required documents, and any outstanding items.</li> <li><strong>Closing Cost Assistance Program</strong> – Provides up to $3,000 in credits for borrowers with credit scores between 580‑639 who are first‑time homebuyers.</li> <li><strong>Veteran Support</strong> – Our VA Loan Concierge helps veterans navigate the VA funding fee (typically 2.3% of the loan) and ensures they receive any entitlement benefits.</li> <li><strong>Post‑Closing Follow‑Up</strong> – Within 30 days NMHL contacts you to confirm you received your keys, understand your escrow statements, and answer any lingering questions.</li> </ul> <p>Take advantage of these resources by scheduling a <a href="https://www.nmhl.com/contact" target="_blank">free closing day consultation</a> today.</p>