After “Your offer was accepted!” “Clear to close” is the phrase homebuyers can’t wait to hear.

Clear to close means you’ve met the requirements and conditions to close on your mortgage. At this point, your lender has fully inspected your documents and verified that you meet the expectations of the type and amount of mortgage you’re requesting.

Once a borrower is clear to close, lenders will start preparing for closing day. Your loan officer will contact your title company and your Realtor to schedule a date and time for your closing meeting. Your lender will also assemble any final documents that you’ll need to sign on your closing date.