What is ‘cash to close’ and how do I pay it?

Cash to Close: This is amount of cash you will need at closing. Your down payment will ultimately make up the largest percent of your cash to close. This does not include additional costs that have been rolled into your loan amount. If you have any credits or refunds, they will be subtracted from the cash to close amount.

 

How Do I Pay?

The most secure methods of paying your cash to close will be a certified check, a wire transfer, or a cashier’s check which you would obtain at your bank.