Homebuyer Bootcamp: Closing Day & Beyond

Congratulations—you’ve made it to the final step of the homebuying journey! In our final Homebuyer Bootcamp session, Closing Day & Beyond, we wrapped up the series with everything you need to know about completing your purchase and stepping confidently into homeownership. If you missed the live event, no worries—you can watch the recorded webinar below and learn from our expert panel featuring Christina Kass and Amanda Shamoun from Vanguard Title.

Watch the Full Webinar Recording

This session breaks down every detail of the closing process—and what comes next:

What to Expect from the Title Company on Closing Day

• Final Walkthrough: Ensure the home is in the expected condition with your real estate agent before signing.
• Reviewing the Closing Disclosure: Double-check loan terms, fees, and payment breakdowns.
• Signing Documents: Be prepared to sign the mortgage note, deed of trust, and final loan documents.
• Title Transfer & Funding: The title company manages document recording and fund distribution.
• Receiving the Keys: Once the process is complete, you’re officially a homeowner!

Closing Costs vs. Down Payment

• Down Payment: Typically 3% to 20% of the purchase price, paid upfront.
• Closing Costs: Usually 2% to 5% of the purchase price, covering services like appraisals, title insurance, and lender fees.
• Reducing Costs: You may negotiate seller credits or work with lenders offering concessions for slightly higher interest rates.

Maintaining Your Home Moving Forward

Homeownership doesn’t end with the keys—it starts a new chapter of responsibilities and rewards.

Home Maintenance Essentials

• Annual Inspections: Check your roof, plumbing, and HVAC systems yearly.
• Seasonal Upkeep: Clean gutters, trim landscaping, and prep for seasonal changes.
• Emergency Fund: Always have funds ready for surprise repairs.

Understanding Homeownership Costs

• Property Taxes & Insurance: Stay on top of due dates and coverage needs.
• Utilities & HOA Fees: Budget for recurring monthly expenses.
• Long-Term Improvements: Plan for upgrades and renovations that add value and comfort.

Join Us for More Events like Closing Day & Beyond

This marks the end of our Homebuyer Bootcamp series—but it doesn’t have to be the end of your learning. Stay connected with People Driven Credit Union for future workshops, webinars, and member-exclusive events. We’re here to support you through every step of your financial journey—whether you’re just moving in or planning your next big investment.

Still have questions? Reach out to us at PeopleDrivenCU.org/Contact or call 844-700-PDCU (7328). We’re here to help you succeed in homeownership and beyond.

Disclosures

Equal Housing Lender. Member First Mortgage, LLC (MFM) NMLS ID# 149532. All loans are subject to credit approval. Terms and conditions apply. Program availability is subject to change without notice.

Available to all members using a conventional mortgage loan program on a purchase transaction with People Driven Credit Union in the State of Michigan. Not eligible on multi-unit properties, condos, townhomes, or manufactured houses. The Loan Example is current as of 9/9/2025 and based on a $200,000 loan amount with a conventional 30-year fixed rate term (360 monthly principal and interest payments of $1,231.43); 0% Down Payment; 6.25% Interest Rate with an Annual Percentage Rate (APR) of 6.465%. Rates quoted assume excellent borrower credit history. Payment example does not include taxes and insurance; the actual payment obligation will be higher. The cost of Private Mortgage Insurance (PMI) is waived as part of this promotion, to be paid by the Lender. This is not a commitment to lend. All lending products are subject to credit and property approval. Additional restrictions may apply. Member First Mortgage, LLC (MFM) is a partner of People Driven Credit Union. Michelle Dzon #401292, is authorized to act as agent of People Driven Credit Union (24333 Lahser Road, Southfield, MI 48033 | (248) 263.4100 | NMLS ID: 776727) and is authorized to represent Member First Mortgage, LLC, a licensed Mortgage Lender/Servicer (Corporate Office: 616 44th Street SE, Grand Rapids, MI 49548 | (616) 538.1818 | NMLS ID: 149532). For licensing information, please visit www.nmlsconsumeraccess.org. Equal Housing Opportunity.

SAFE Act Compliance Testing:
We conduct annual independent testing of our mortgage compliance in accordance with the SAFE Act (Reg G) requirements.

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People Driven Credit Union is an Equal Housing Opportunity Lender NMLS #776727