
Closing on a mortgage is the biggest financial transaction many people will experience. Besides that, it’s riddled with legal technicalities that are difficult to digest, unless you are a mortgage loan originator or other financial expert.
As a result, it’s normal to feel anxious about the closing on a home. So here are 4 tips to calm your nerves as you approach closing.
#1 Ask Your Mortgage Broker and Real Estate Agent
Mortgage brokers and real estate agents deal with the buying and selling of homes all the time, and realize how stressful it is to make such as large purchase and move into a new home.
Ask them questions, and don’t hesitate to re-ask questions as you digest everything related to buying your new home.
Make sure you’re getting a good price for the home, and you’re getting the best mortgage for your circumstances. Also make sure you know about any issues concerning the condition of the property. Then you can feel more at ease about your decision.
#2 Do The Math
From the very beginning, your mortgage broker should have done the math and pre-qualified you for a mortgage. Then, when applying for the mortgage you assembled all the documentation about your finances.
As part of our work clients, we ask them to think about all the expenses that may not be required by lenders and write them down, so that we can work with them regarding the total cost of home ownership.
Continue to go over the math and review the numbers. And certainly ask your mortgage broker any questions you have, so you’re comfortable about your finances and the purchase of the home.
#3 Familiarize Yourself With The Neighborhood
Buying a home often means you’ll be living in a new neighborhood. So while you are waiting to close on the mortgage, take time to get comfortable with your new neighborhood if possible.
Take a drive and figure out which stores you’re nearest to, the route you can take to get to work, and other amenities. Imagine living at your new address, which will make you feel better.
#4 Meet The Neighbors
As you familiarize yourself with the neighborhood, also take a chance to meet the neighbors. They’ll be glad someone is moving into the house, and they’re eager to meet you, so take time to meet a few of them if you have the chance.

The Marimark Mortgage Newsletter will keep you informed with important events in the mortgage industry that could impact your finances.
We especially focus on ways to save money on your current and future mortgages. And, we continually share the information we share with our clients, because we believe informed consumers are the best consumers.
Real estate agents, and other professionals in the industry, will receive an ongoing wealth of information that will help them serve their clients.