Step 17: Gather Your Down Payment

It is time to get your down payment ready. You will want your down payment and closing cost funds transferred into one account.  This account must be disclosed to your mortgage lender and you must let them know this is the account you’re going to be using for the down payment as the funds have to be tracked.


Approximately three days prior to your closing date, your mortgage lender will email you the amount needed to bring to closing. These funds must be in the form of a bank Cashier’s Check or wire transfer. If you plan to initiate a wire transfer, this will be done in one lump sum the DAY BEFORE CLOSING.  It is crucial that these funds be wire transferred the day before closing at the latest as the title company cannot accept it the day of closing. Wire transfer instructions can be provided by the title company.

Questions?  Feel free to contact us at 402-415-4799 or via



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