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Your Will County & Chicagoland Mortgage Closing: What You Can Expect
 
Your Will County & Chicagoland Mortgage Closing:  What You Can Expect    
       You've gone through Mortgage Pre-Approval ... the Mortgage Application itself ... the verifying of employment(s) and savings accounts ... the documentation needed ... and  Underwriting.  You've complied to every request presented to you.  Answered every question.  Dotted every "i" ... crossed every "t".  
     Gulp!   Now what?
     The Mortgage Closing.   The culmination of all your hard work and what you have been planning for over the previous months!
     Just how do you determine when your Closing should take place though?  Well, first ... a date has been set and agreed to within your  Real Estate Sales Contract.  If your mortgage processing went reasonably smooth, you will be closing on or close to that date.  
     But there are other important considerations as well.  Ever hear the old saying, "timing is everything?"  Well, in Closings that can be very true. So WHEN  you close ... the day chosen can determine much.  The amount of money you must bring to the Closing table (known as pre-paid interest) is certainly determined by which day of the month you Close. 
     HOW?  A date set later in ... more

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