What Happens on Mortgage Closing Day? | Discover your path to homeownership with me today.

On closing day in Canada, you meet your lawyer or notary to sign mortgage and ownership documents.

You must provide proof of home insurance naming your lender before mortgage funds are released.

Your first mortgage payment is usually due about one month after closing, with possible interest adjustments.

Final closing costs include legal fees, land transfer taxes, title insurance, and prorated seller reimbursements.

Keep copies of all signed documents safely; digital copies are also recommended for your records.