Should I have an attorney present to represent me at a mortgage loan closing?

Asked by Erin

3 Answers

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Answered by Justin Clark, Mortgage Broker in Moreno Valley, CA
You can if it makes you feel better. That's why it's best to work with someone that is trustworthy and has a good reputation. But to answer your question, if it makes you feel comfortable, then by all means, yes. | 12.01.15 @ 01:12
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$commenter.renderDisplayableName() — {comment} | 12.05.16 @ 14:35
Answered by David Skow, Mortgage BrokerPRO+ in Seattle , WA
Not a necessity...if you want to have an attorney involved - you might request the closing documents several days prior to your signing and have the attorney review these as well as the purchase contract several days before your closing date | 12.01.15 @ 19:16
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$commenter.renderDisplayableName() — {comment} | 12.05.16 @ 14:35
Answered by Caroline Gerardo, C G Barbeau in Newport Beach, CA
An attorney will charge hourly. I guess the minimum cost would be $500. You should have read all the things you signed - the Loan Estimate, Closing Disclosure and Contract. IF you didn't understand something = ask before closing. None of the lender's documents will be typed to your wording. | 12.01.15 @ 19:58
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$commenter.renderDisplayableName() — {comment} | 12.05.16 @ 14:35
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