What Happens at a Loan Signing: A Guide for Borrowers
Closing day is the last step before you get the keys or finalize your refinance. Knowing what to expect at the signing table makes it faster, calmer and less likely to need a second appointment.
Who will be there
A notary signing agent meets you at your home, office or another location you choose. Their job is to verify your identity, walk you through where each document needs to be signed, initialed and dated, and notarize the documents that require it.
If anyone else is on the loan or the title, such as a spouse or co-borrower, they usually need to be at the signing too. Check with your title company ahead of time if you're not sure.
What to bring
- A current, valid government-issued photo ID for every person signing
- Any documents your lender or title company asked you to bring
- Your checkbook or wire confirmation, if funds are due at closing
Not sure your ID will work? Read our guide to what ID you need for a loan signing.
How long it takes
Most loan signings take about an hour. Refinance packages can run longer, especially if you have questions along the way. Blocking off a little extra time keeps things relaxed.
Notaries can't give legal advice or explain your loan terms. If you have questions about your rate, fees or terms, your lender or title company is the right call, and the notary can help you reach them.
Refinancing your home? Know your right to cancel
For most refinances of a primary residence, federal law gives you three business days after signing to cancel. That's why your loan typically funds a few days after the signing rather than the same day.
After the signing
The notary returns your signed documents to the title company, often scanning them first so they can be reviewed right away. Once everything checks out, your lender moves the file toward funding.