What Will I Need At Settlement?
Although the settlement process can vary from state to state, in Maryland, these are some common items that may be required from you at closing and can help your closing go as smoothly and quickly as possible.
Valid Photo Identification
Two forms of identification are typically required at closing, including one of the following:
- Valid U.S. driver’s license or non-driver ID
- Military ID
- Valid Canadian or Mexican driver’s license issued by the Official Agency
- Current United States or Foreign Passport
Foreign Passport must have been stamped by U.S. Immigration and Naturalized Service
In the event you are required to bring funds to closing, please contact us for bank routing instructions to wire the funds. If you will be bringing a proceeds check from another settlement, please contact us to verify the acceptance of those funds - we do not automatically accept all checks.
Note: If you receive an e-mail or any other communication that appears to be generated from our company that contains new, revised or altered bank wire instructions, consider it suspect and call our office at a number you trust. Our bank wire instructions seldom change.
Hazard Insurance Policy and Paid Receipt
A hazard policy, also known as homeowner’s insurance, with the lender designated as the insured holder of the mortgage, is required on most loans. Evidence of hazard insurance, including a paid receipt, must be provided prior to closing.
All Persons Who Hold Title to the Property or Who Will Be Purchasing the Property MUST Attend Closing to Sign Documents
State-specific laws may require the spouse of the parties in title, even though their name does not appear on the deed, to sign certain documents when obtaining a mortgage. If anyone is unable to attend closing, contact us to arrange a Power of Attorney or closing by mail.
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