Consummation is the day the borrower becomes legally obligated under the loan, which would be the date of signing, even if the loan has a rescission period. It is important to note the definition of consummation can be different than the closing date as defined in the purchase agreement where the buyer becomes contractually obligated to a seller on a real estate transaction. The tool will assist you in determining the earliest consummation date.
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Houston is the most populous city in Texas, and the fourth most populous city in the United States. Known as cosmopolitan destination, Houston is home to 2.2 million residents, and hosts millions of visitors each year. The city of Houston is a major hub for big business, and serves as headquarters for more Fortune 500 companies than any other U.S. city, second only to Manhattan. In addition to its rich history in oil, Houston has one of the world’s busiest international ports and is home to NASA’s Johnson Space Center. Houston is also headquarters for the world’s largest group of medical care and research facilities.
Our Houston-based professionals work in all facets of the real estate industry, providing best-in-class real estate services to buyers and sellers in the area, as well as the real estate professionals, lenders, builders and industry partners that work alongside them. In addition to our commitment to the residents of Texas, we provide commercial services to investors who help keep our economy strong.