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Mortgage Glossary

Closing Agent

Defined by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker

A closing agent is the neutral party, often a title company or attorney, who manages the closing, handles funds, and ensures documents are signed and recorded.

What Closing Agent means

The closing agent prepares the settlement statement, collects and disburses money, records the deed and mortgage, and issues title insurance. In Florida, title companies commonly handle closings.

Florida example

A Miami closing agent coordinated the buyer's loan funds, the seller's payoff, and the recording of the new deed, then disbursed proceeds the same day.

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Related Mortgage Terms

Closing CostsClosing DisclosureCloud on Title
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