First-Time Buyer Closing Checklist (Free PDF)

REAIXO CHECKLIST

For first-time homebuyers · Version October 24, 2026

Work through this list from the day your offer is accepted. Each step links to a plain-English definition, and the dates in your contract override any typical timing.

Right after your offer is accepted

Deliver the earnest money deposit by the contract deadline, to the holder named in the contract. Earnest Money explained
Put every contingency deadline in your calendar. Contingency explained
Book the home inspection and any specialist inspections the inspector recommends. Home Inspection explained
Send your lender the signed contract and any documents it requests. Underwriting explained

Loan, appraisal and insurance

Compare Loan Estimates issued on the same day before choosing a lender. Loan Estimate explained
Decide when to lock your rate, and check the lock covers the closing date. Rate Lock explained
Review the appraisal when you receive it, and know your options if it comes in low. Appraisal Gap explained
Get homeowners insurance quotes and send the chosen policy to your lender. Homeowners Insurance explained
Do not open new credit, change jobs or make large undocumented deposits before closing. Clear to Close explained

Before closing day

Read the Closing Disclosure (you receive it at least three business days before closing) and compare it with your Loan Estimate. Closing Disclosure explained
Confirm your cash to close, including prepaids and credits for your deposit. Cash to Close explained
Verify wiring instructions by phone, using a number you already have - never one from an email.
Review the title commitment and decide on an owner's title policy. Title Insurance explained
Schedule the final walkthrough close to closing. Final Walk-Through explained

Closing day and after

Bring government ID and any funds the settlement agent asked for.
Check the deed and loan documents match the Closing Disclosure before signing. Deed explained
Keep the final closing statement - you will need it for taxes and when you sell. Capital Gains explained
Note when your first mortgage payment is due and how escrow works. Escrow Account explained

Calculators and guides

Sources and review

Closing Disclosure explainer, Consumer Financial Protection Bureau. Supports: The Closing Disclosure is provided at least three business days before closing.
Loan Estimate explainer, Consumer Financial Protection Bureau. Supports: Loan Estimates use a standard format for comparing offers.
What's a lock-in or a rate lock on a mortgage?, Consumer Financial Protection Bureau. Supports: How rate locks work and expire.

Where this applies: United States. Federal disclosure rules apply nationwide; deadlines and customs come from your contract and state law.

Last reviewed: October 24, 2026 · Updated: October 24, 2026

Worked examples use illustrative round numbers, not current market data. Rates, limits and program rules change - confirm current figures with your lender or a qualified professional.

Educational information only - not financial, legal, tax or real estate advice. Rules and costs vary by loan program, contract and location; confirm with your lender, agent, attorney or tax professional. © Reaixo. Free to print and share unaltered with attribution.

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