You are the buyer purchasing a new home or property. This is a full closing package required to finalize the transfer of the property and secure your mortgage.
Common Documents Inside:
- Closing Disclosure (CD)
- Promissory Note
- Mortgage / Deed of Trust
- Notice of Right to Cancel
You are the current owner selling a property. This packet is generally smaller than a buyer's packet and focuses on legally transferring the title to the new owner.
Common Documents Inside:
- Warranty Deed / Quitclaim Deed
- Bill of Sale
- Seller's Affidavit
- Settlement Statement
You are replacing your existing mortgage with a new loan (usually to get a better interest rate or change the loan term). This is a full document set.
Common Documents Inside:
- New Promissory Note
- New Mortgage Document
- Notice of Right to Cancel (3-Day)
- Loan Estimate
A Home Equity Line of Credit. You are borrowing money against the equity of your home. This acts like a credit card tied to your property's value.
Common Documents Inside:
- HELOC Credit Agreement
- Open-End Mortgage / Deed
- Notice of Right to Cancel
You are purchasing or refinancing a property for business, retail, or industrial use. These packages are often highly complex and require authorized corporate signers.
Common Documents Inside:
- Commercial Deed of Trust
- Corporate Resolutions
- Environmental Indemnity
- Guaranty Agreements
💡 Pro Tip: Look at the very first page of your document stack or the email from your title company—it will almost always explicitly state the type of transaction (e.g., "Refinance Closing Documents").