Case Escrow

The term of the day: Close of Escrow.
The close of escrow technically signifies the moment at which the associated documents are recorded, but the terms is also used to refer to the procedures that are performed in the escrow office in relation to that event. This includes the completion of final settlement calculations and the distribution of payments called for in the escrow instructions – loan payoffs, broker commissions, insurance premiums, and the like. This process is also loosely referred to as the ‘closing’; however, it is important to distinguish the closing of the (sale) escrow and the closing of the loan, which is the term lenders use for the moment when a borrower executes their final loan documents (and this may variously be referred to as the ‘closing’ or the ‘consummation’ of the financing).
Find more terms in our escrow glossary!

“Catherine and her team are second to none! They are knowledgeable, reliable, consistent, and always go the extra mile. I have been working with Catherine for years and she is the best in the business! My clients consistently compliment the services and support that Case Escrow provides, which is just one of the many reasons why Case Escrow is my top choice for escrow!”
KYLIE REITER, BROKER – COASTAL LUXE PROPERTIES
Kylie Reiter, Realtor

As the escrow term draws nearer to the target close date, most buyers are singularly focused on that most important final hurdle: signing loan documents.
... When Can I Sign My Loan Docs?

http://caseescrow.com/when-can-i-sign-my-loan-docs/