What Am I Signing?

A Simple Guide to Your Loan Closing Documents

You’re almost there—the loan is approved, the home is ready, and it’s time to sign your closing documents. But as you glance at the thick packet of paperwork, you might be thinking:

“Do I need to read all of this? What do these documents even mean?”

Borrower Reading Loan Documents

At Wrighteck Notary Services, we believe an informed borrower is a confident borrower. That’s why we’ve created this customer-friendly guide to help you understand the most common documents you’ll sign during closing. No legal jargon—just clear explanations so you can feel more prepared and less overwhelmed.

Let’s break it down.

What’s in a Loan Closing Package?

Loan documents may arrive in different orders depending on the lender, but here are the key forms you’re likely to see—and what they mean for you.

Borrower’s Certification Authorization

This confirms that the information you provided on your loan application is accurate and complete.

Closing Disclosure (CD)

One of the most important documents in the stack. It shows:

• Your loan amount

• Interest rate

• Monthly payment

• Closing costs

• Amount due at signing (cash to close)

📌 You should receive this at least 3 days before closing. Use that time to review it carefully.

Errors & Omissions (E&O) and Compliance Agreement

Gives permission to correct minor errors (like typos) without redoing the whole loan process.

Flood Hazard Notice

Lets you know if the property is in a flood zone. If it is, flood insurance may be required.

Form 4506-T

Authorizes your lender to request transcripts of your tax returns from the IRS.

HUD-1 Settlement Statement

Lists all of the transaction’s costs and payments, including loan fees, agent commissions, and escrow amounts. It’s similar to the CD and is most commonly used for reverse mortgages or cash transactions.

Identification Verification Form

Used to verify your identity. Your name must match exactly what’s on your government-issued ID.

Impound Account Letter

Gives the lender permission to collect and manage your property taxes and homeowner’s insurance through your escrow account.

Initial Escrow Account Disclosure Statement

Breaks down your expected escrow activity for the first year—including what’s collected and what it’s used for.

Insurance Requirements

States that homeowner’s insurance is required for the life of the loan.

Itemization of Amount Financed

Explains how the total amount you’re financing is calculated, including fees and charges.

Mortgage/Deed of Trust

The official document that secures the property for the lender and is recorded with your county’s land records office.

✍️ Note

Your promise to repay the loan. It includes the loan amount, interest rate, and repayment terms.

Notice of Right to Cancel (for refinances only)

If you’re refinancing, this gives you three business days (excluding Sundays and holidays) to cancel the transaction with no penalty.

Owner’s Affidavit

You’re confirming:

• You legally own the property

• There are no hidden liens or unpaid taxes

• No one else is trying to sell it

• Your marital status is correct

• There are no zoning violations

Payment Letter

A breakdown of your monthly payment—including principal, interest, property taxes, and insurance.

📌 Additional Riders (Only If They Apply to Your Loan)

Depending on your property and loan type, your package may include one or more of these “rider” documents:

Rider Documents

• Planned Unit Development (PUD) Rider: If you’re in a community with an HOA.

• Second Home Rider: You’re not using the property as your primary residence.

• 1–4 Family Rider: You’re buying a multi-family property.

• Manufactured Home Rider: The home is a manufactured or mobile home.

• Condominium Rider: The property is a condo.

• ARM Rider: You’re agreeing to an Adjustable Rate Mortgage.

Servicing Disclosure Statement

Informs you that your lender might sell or transfer your loan servicing (the company that sends your mortgage bills).

Signature and Name Affidavit

Lists name variations (also known as “AKAs”) found during your credit or title search. You’ll verify they belong to you.

Uniform Residential Loan Application (Form 1003)

This is the final, typed version of your original loan application.

W-9 Form

Verifies your Social Security Number for tax reporting purposes.

🙌 Wrighteck Notary Services: Making Closings Simple

When you sit down with a licensed notary from Wrighteck, we’ll walk you through the process, answer general questions, and ensure everything is signed and notarized properly.

📍 We serve St. Lucie, Indian River, Martin, Palm Beach, Broward, and Miami-Dade Counties

🌐 Online notarization available in all 50 U.S. states

📅 Ready to Book Your Loan Signing?

Visit: https://www.wrighteck.com/mobile-notary-meeting

Or call us today to schedule your appointment!

With Wrighteck, you’re not just signing documents—you’re signing with confidence.