What documents will I be expected to review and sign at mortgage closing?

At closing, multiple parties could be present, including a lawyer, title or escrow agent, your mortgage lender, your real estate agent, the seller, and the seller's agent. You'll be presented with a stack of paperwork to review and sign, which should include:

Home loan documents, including:

• Loan application: This is a copy of your mortgage application, which you can review for accuracy. 
• Loan estimate: Before closing, your lender will send you a loan estimate that includes information about the terms of your loan, like your mortgage payment, closing costs, appraisal, chosen homeowners insurance policy, interest rate, and overall cost of receiving a loan. At closing, you will receive a copy of this again.
• Closing disclosure: Also known as the settlement statement, this should be the same document you received before closing. You may be required to sign it again, but look it over to make sure there haven't been any changes. It will include the financial details of your loan, including its interest rate, annual percentage rate, late fees, prepayment penalties, the amount you're borrowing, and how much you'll pay over the life of the loan.
• Mortgage note: The mortgage note is the legally binding document that describes the final details of your mortgage, including the amount borrowed, interest rates, payment due dates, if and how payment amounts can change, who you'll make payments to, and what happens if you don't pay. By signing it at closing, you agree to pay back your loan according to the terms listed. 
  Initial escrow disclosure: This document outlines the property tax and homeowners' insurance expenses that will be paid from your escrow account over the first year of your mortgage. 
• Transfer of tax declarations: Depending on your state and local laws, you may be required to sign a document that lists the property's purchase price and the sales tax owed. 
• Title insurance commitment: This document explains who owns the property and if any existing liens or conflicts exist on the title. 
• Proof of homeowners' insurance: Lenders typically require the mortgage borrower to provide proof of homeowners' insurance before closing on the home. This confirms that the property being purchased is covered by an appropriate homeowners' insurance policy, protecting the lender's investment in case of damage or loss to the home. The buyer's insurance company can provide proof of insurance, which discloses details of coverage.