When Do I Get My Loan Closing Disclosure?

When Do I Get My Loan Closing Disclosure?   If an eligible loan proceeds from Estimate to closing, creditors must provide a Closing Disclosure form documenting the actual transaction terms and costs THREE business days before consummation. It must be in writing,...

Understanding Your Loan: Closing Disclosure Page 1

Understanding Your Loan: Closing Disclosure Page 1   The first page of your Closing Disclosure documents: The Loan Amount – the total you will actually borrow The Interest Rate – which does NOT include the fees factored into the APR on Page 5 If this...

Understanding Your Loan: Cash And Transaction Summaries

Understanding Your Loan: Cash And Transaction Summaries   Page 3 of your Closing Disclosure will compare cash requirements from your Loan Estimate to your actual final charges. If “Did this change?” is “YES” notes for changed sections should be provided. The...

Understanding Your Loan: Closing Cost Details

Understanding Your Loan: Closing Cost Details   Page 2 of your Closing Disclosure details specific closing costs. Section A includes: Origination charges collected by the lender Origination fees paid to brokers, loan officers or other parties and Discount Points...

Your Rights And Rules For Closing Disclosures

Your Rights And Rules For Closing Disclosures   The Closing Disclosure documents the actual terms of your loan transaction. You should receive it no later than 3 business days before consummation. It must be in writing – paper or digital. If the loan terms...