Home Buying Process	|	Program Search	|	Consumer Issues	|	Education	|	About	|	Home
Can I be a homeowner? Finding a home Making an offer on a home Applying for a loan Inspections The closing process Real Estate loan glossary		Search for a Program List all Programs Non-profit Providers		Your credit Predatory lending Finding a healthy home

The Closing Process

At your closing

Among the documents you should receive at the closing are:

• HUD-1 Settlement Statement -- This document itemizes the funds the buyer and the seller will pay at closing.
• Note -- Often called the promissory note, it represents your promise to pay the lender according to the agreed upon terms of the loan, including when and where to send your payment.
• Deed -- This document transfers ownership from the seller to you.

After your closing is completed, keep any paperwork you received in a safe place. Remember to keep a copy of every document you signed.

When you file your taxes, it may be useful to have a copy of the settlement form because it lists items that may be tax deductible. Also make sure you keep all homeowner's insurance and title insurance records in a secure place.