Important things to consider on a closing disclosure
Description
The closing disclosure is a document that has extremely important information on it which the borrower will review and confirm if they accept the terms and conditions they are being presented. For this reason, you need to master this document and know exactly what's on it. You'll have to provide this document to borrowers on every loan you do and will often have to answer questions they have on it. In this episode, you will learn some of the most important things you need to focus on when going over the CD or closing disclosure. Reading and understanding this document is important but it's even more important to find ways to help the borrower by finding mistakes on this document to prevent potential problems during and after the loan process or by saving them money. Be smart and become familiar with the closing disclosure.
United States
