What to check
- Loan amount, interest rate and monthly payment match your loan estimate
- Cash to close matches what you've been told, after your earnest money credit
- Title services and their costs
- Prorated property taxes and any seller credits
- Your name and the property address are spelled correctly
Is the closing disclosure final?
Mostly. Small adjustments can happen before closing. But certain changes, such as the APR rising beyond the allowed tolerance, a change in the loan product, or adding a prepayment penalty, require a new disclosure and a new three-business-day wait.
I received my closing disclosure. What now?
Read it the day it arrives, compare it with your loan estimate, and ask your lender about anything that doesn't match. Then confirm your cash-to-close amount and the wiring instructions with the title company by phone.
Common questions
Does a seller get a closing disclosure?
Yes, a seller's version or a settlement statement showing their side of the deal.
Can a loan estimate be sent after a closing disclosure?
No. Once the closing disclosure is issued, changes are made with a revised closing disclosure.