what does clear to close mean

What happens when I'm "clear to close"? | Mortgage Rates. – Being clear to close (ctc) means you have satisfied all the lender’s requirements and can get your loan documents and close any time.. They’re the things you need to do in order to get a.

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What Exactly Does It Mean To Be 'Clear To Close'? | Morgan. – Being clear to close is a fantastic position to be in as a buyer. When you are told that you are "clear to close", this means that your underwriter has approved all the documentation, you have satisfied all the conditions set forth by your lender and your loan has received final approval.

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How do you know if your loan is clear to close? (disclosures. – Some lenders send the file to compliance to make sure all disclosures are legal, after getting the clear to close. (Our underwriter also does that). Some lenders have their closing department do the soft pull credit report and the pre-close employment verification. "Clear to close" means different things to different lenders.