The New Closing Disclosure Explained

April 16, 2015

The new closing disclosure is something to review and understand prior to closing. A look at the different sections of the Closing Disclosure is below.   As always, please contact a team member with any questions.

New Closing Disclosure Explained 

 

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Utilize this apparatus to twofold watch that every one of the insights about your credit are right on your Closing Disclosure. Loan specialists are required to give your Closing Disclosure three business days
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There are six things that will now constitute a credit application. This is imperative to note in light of the fact that once the bank has each of the six things, they should convey the Loan Estimate to the borrower inside three days.
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