About The Closing Process
The process of closing on the purchase of a new home or a refinance loan can often times be stressful, confusing and overwhelming. At Cherry Tree Title, we want the closing process to be a pleasant experience. Our belief is that by explaining things properly in terms that are easy to understand, borrowers will have a much more pleasant experience.

The closing process can be broken down into four stages. They are:

  1. The Loan Application Process
  2. The Underwriting and Legal (Title Work) Process
  3. The Closing/Settlement Process
  4. The Post-Closing Process (including recording at the registry and dispersement of funds)

Part One: The Loan Application Process