The Closing Process

The Closing Process


Receive Contract/ Title Order

For a Purchase/Sale: Answer Title receives the Purchase/Sale Contract
For a Refinance: Answer Title receives a title order request


Earnest Money

Only in a Purchase transaction, the buyer sends the earnest money to the designated entity in their Purchase/ Sale Contract


Qualia Connect

All parties are invited to join the transaction file and communicate securely through Answer Title’s Qualia Connect platform


Title Search

Answer Title orders title search.


Title Examination

Title processor conducts title examination and clears title issues, if any.



Once lender gives a clear to close, Answer Title schedules a closing date with all parties


Final Numbers

Lender and Answer Title’s title processor work together to ensure an accurate Closing Disclosure (CD)


Closing Documents

Lender sends final loan documents to Answer Title



All parties come to the closing table to sign and complete the closing process.