What Does Clear to Close Mean?
August 20, 2021by Brandon Banks
Purchasing a home is an exciting process. Prospective buyers get to browse local listings, tour their favorite properties, and work hard to find the exact place they’re looking for. Sounds thrilling, right? It certainly is. Most of the time, however—unless you’re paying cash for the home—you won’t make progress without loan approval. In other words, you cannot move into your dream property until you’re “clear to close.” This article will outline what being clear to close means for homebuyers.