Do I need new title insurance for a refinance?

Your new lender requires a new lender's title policy — that's standard. Your existing owner's policy (if you bought one when you purchased) stays in place and continues to protect you.

What is the 3-day right of rescission?

Federal law gives you 3 business days after signing to cancel a refinance on your primary residence. Funding happens on business day 4. The right of rescission doesn't apply to investment properties.

When does my old mortgage get paid off?

ATG Title pays it directly from the new loan proceeds — right after the rescission period for primary residences. Expect your old servicer to confirm payoff within a few business days.

Should I keep paying my current mortgage during a refinance?

Yes — keep scheduled payments going until ATG Title confirms funding. We'll tell you exactly when to stop. Don't miss a payment during the transition.

When do I get my cash-out funds?

Cash-out proceeds are wired the same day as funding (after the rescission period for primary residences). ATG Title notifies you the moment funds go out and provides the wire confirmation.

A REFINANCE ROADMAP

Your Refinance Journey

From your application to the day your new loan funds, here’s exactly what we’re handling for you behind the scenes — and the few moments where we’ll need a quick reply. Designed to make your refinance feel less like a black box.

REFINANCE EDITION · WELCOME TO ESCROW — ON TO A BETTER RATE

You chose the title company — thank you. We search the title, clear what’s in the way, coordinate with your new lender, request the payoff from your current servicer, and disburse the funds. Here’s the order of operations.

● What we do ● What you do

From Application to Funding, in Seven Stages

Application Received & Title Ordered DAY 0–3

WE DO · Open your file, assign your closer, send your welcome packet, and order the title search.

YOU DO · Watch for our intro email. Reply with your contact info and confirm the property and current lender details.

Title Search & Examination DAY 3–10

WE DO · Pull your property’s ownership history. Identify all current liens — existing mortgage, HELOC, judgments — that need to be paid off at funding.

YOU DO · Be ready for quick questions about prior loans, second mortgages, or HOA membership.

Title Commitment Issued DAY 10–14

WE DO · Send the commitment to you and your new lender. Begin clearing exceptions so your new loan has clean first-lien priority.

YOU DO · Review with your loan officer. Flag anything unfamiliar — we’ll explain it in plain language.

Underwriting & Payoff Coordination DAY 10–22

WE DO · Coordinate with your new lender, request the payoff demand from your current servicer, order HOA docs if applicable, and prepare loan documents.

YOU DO · Respond fast to your new lender. Speed here is the single biggest factor in hitting your funding date.

Closing Disclosure & Final Numbers DAY 20–26

WE DO · Balance with your lender, prepare your Closing Disclosure (CD), schedule your signing, and send wire instructions for any cash-out proceeds.

YOU DO · Review the CD — federal law gives you 3 business days before signing. Confirm wire details by phone for any cash-out.

Signing Day DAY 25–30

WE DO · Walk you through every signature, witness/notarize, and brief you on the 3-day rescission window if this is your primary residence.

YOU DO · Bring photo ID. Sign in person or remotely. If primary residence, your right-to-cancel window starts today.

Rescission, Funding & Recording DAY 28–35

WE DO · Honor your 3-business-day right to cancel (primary residence), fund the new loan, pay off your prior mortgage, record the new lien, and issue the lender’s title policy.

YOU DO · Once funded, you’re refinanced. Watch for your cash-out wire (if applicable) and confirmation your old mortgage is paid.

● Timeline at a Glance

Wk 1Wk 2Wk 3Wk 4Wk 5Wk 6Fund

Typical refinance: 30–45 days from application to funding. Rate/term and streamline refis can close in 21–28. We’ll lock in your target date the day we open your file.

⚠ Read this before you wire

Wire fraud is the #1 threat in real estate. Criminals target cash-out refinances specifically — they impersonate title companies to redirect your funds. Always:

Confirm wire instructions by phone using a number you already have — never one from an email.
Be suspicious of last-minute changes to wiring info. We don’t change them.
If anything looks off, call us before sending.
For wire verification, call (703) 934-2100 and press 1. Available M–F 9 AM–5 PM ET.

Your Refinance Journey

From Application to Funding, in Seven Stages

Application Received & Title Ordered DAY 0–3

Title Search & Examination DAY 3–10

Title Commitment Issued DAY 10–14

Underwriting & Payoff Coordination DAY 10–22

Closing Disclosure & Final Numbers DAY 20–26

Signing Day DAY 25–30

Rescission, Funding & Recording DAY 28–35

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