From Contract To Keys MBH Has You Covered

Congratulations on finding your new home!

With over 27 years of experience in Virginia, D.C., and Maryland, MBH is uniquely qualified to provide a closing that is Smooth, Secure, Convenient, and Focused on Your Needs.

You’re off to a great start if your agent has sent your contract to MBH Settlement Group, but what’s next?

The Closing Process

A lot will happen between now and your closing date.

Understanding the process, what’s needed from you, and what MBH Settlement Group is doing to protect you in the purchase of your new home will help ensure a smooth transaction!

You can get a copy of this infographic from your MBH Settlement representative.

If you have any questions, your MBH Settlement team is happy to answer!

The Lender's Process

The lender’s process happens simultaneously and in conjunction with the title and settlement process.

Click on the BLUE ARROWS on the side of the image above to add the lender’s process

Loan Application

Sending Requested Info
Make sure you send all info requested by your lender ASAP.

NOTE: Delays in your lender receiving all necessary information can impact your closing date!

Credit Report

Your lender is responsible for checking your credit report.

Have questions? Your lender will be happy to answer them.

Underwriting Title

Still Missing Info?
Check to be sure your lender has everything they need in order to process your loan.

NOTE: Missing info can hold up your closing date!

Buyer Approved

Your approved loan is a big step in getting the keys to your new home!

Be sure you’ve checked the MBH secure portal to see if anything is still needed in order to make your closing date.

MBH RECEIVES CONTRACT

Once your offer has been accepted, your real estate agent can begin the process by sending your contract to MBH!

BUYER SENDS EMD MONEY

Most buyers can now send their EMD (Earnest Money Deposit) electronically! Contact your MBH team for
instructions.

NOTE: EMD money is due within 3 days of contract!

BUYER RECEIVES EMAIL INVITATION TO SECURE PORTAL

Once you receive your login & password, follow the process in MBH’s Secure Online Document Portal!

Log In from the MBH Buyers And Sellers Resource Hub

CONTRACT REVIEW

MBH Settlement Group will review your contract to ensure
everything is in order.

TITLE SEARCH

MBH’s abstractors will research 40 – 50 years of historical records to review the “chain of title” in order to ensure you
are free to buy the home.

TITLE EXAMINATION

MBH does a final examination and thorough review of the title search to ensure that the property being purchased is
suitable for sale.

CLEAR TITLE HISTORY
MBH is making sure that any underwriting requirements are satisfied.

TITLE INSURANCE

Your home is one of your biggest investments.
Title Insurance Is How You Protect It!

MBH is a licensed agent for some of the nation’s largest and most trusted title insurance underwriters. Your MBH team is available to discuss the best option for you.

COMMUNICATION & COORDINATION

Coordinate final details & communicate with buyers, sellers, lenders, & agents regarding missing info, closing times, etc.

PREPARE CLOSING DOCUMENTS

Getting close!

CLOSING DISCLOSURE TO BUYER

This comes from your Lender!

NOTE: Lender sends 3 days before closing.
Look at this right away!

BUYERS GET CASHIER CHECK BEFORE CLOSING

Get your cashier’s check or wire BEFORE CLOSING.

NOTE: Cashier’s Check: This is not a regular check. Your bank may require time to process this contact your bank several days in advance to understand their process.
Wire Transfer: It takes time to wire funds. Contact your bank several days in advance to understand their process.