Building a Home

Closing on Your New Construction Mortgage in Pittsburgh and Cleveland

Closing on Your Mortgage

Typically, we can be ready to close on your mortgage within 30 to 60 days from the date of application. And, at Dollar Bank, we arrange only one mortgage closing, set up at your convenience.

For Pennsylvania customers, the Flenniken Corporation, a wholly owned subsidiary of Dollar Bank and a full service title agency, can provide you with a seamless closing transaction. Of course, you are free to choose your own closing agent. A list of reputable settlement service providers in your state will be given to you when you apply.
As the borrower, you will need to bring your down payment, closing costs and any other required monies to closing. You will also need to provide proof of your homeowner's insurance on the proposed construction. The title company will provide an estimate of your real estate taxes. Your escrow for taxes, depending upon the county, will be collected at the end of the construction period or at the time of the assessment.

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