Refinancing Information

Proof of Insurance

Before calling your insurance agency, make sure you have the following information: 
• The amount of your new loan. 
• The name and address of your new lender. Be careful. This may be different than the name and address of the mortgage broker with whom you are working. Call your lender to be sure.
• You may need to extend your existing insurance coverage. If your insurance coverage expires shortly after closing, you lender may require that you extend your converage. Discuss this with your lender before calling your insurance agency.

The "proof" that you have obtained this insurance must be delivered to Marks & Williams or your lender at or before closing. You can not close without it. Contact your insurance agenct prior to closing -- they will know what to do. Make sure to take your insurance agent's name and phone number to closing in case you are required to contact them. You can either pay the insurance premium in advance, or ask that it be added to your closing costs and paid at closing. If you pay in advance, you will need to have a receipt from your insurance agent to take to closing.

Loan Payoff Information

Good Funds

You must bring "good funds" to closing. This means that you must bring these funds in the form of a cashier's or bank check, Georgia closing attorney's escrow check, or wire transfer. We can not accept your personal check for these funds. If you plan to bring a cashier's or bank check, remember to allow time to obtain that check during banking hours prior to closing.

If you bring one of these kinds of checks to closing, have the check made out to yourself. You can then endorse the check over to our escrow account at closing.

If you are arranging for your funds to be wire transferred, it is best to arrange for the wire to occur the day before closing. Wires can get delayed, and your closing will not occur until your money has been received. Call our office to get our wire transfer instructions.

Your cashier's check or wire transfer does not have to be the exact amount. If it is too much, we will give you a check for the difference at closing. If it is too little, you can give us a personal check for the difference provided it is not to large.

Personal Checkbook

Refinancing Papers

Picture ID

Children?