What is a Closing Disclosure?
The Closing Disclosure is the final document you’ll see before a mortgage closing. It’s an accounting of fees, your mortgage rate, and closing costs.
The Closing Disclosure or CD, is a five-page form that provides the final details about the mortgage loan that’s been selected. It includes the loan terms, projected monthly payments, and how much the person will pay in fees and other costs to get their mortgage (closing costs).
Here’s how we help with the Closing Disclosure:
Within the SnapClose platform, the Closing Disclosure fields are completed by data that has been already entered in the software. Along with our multiple Closing Disclosure calculators, predictive typing, various shortcuts, all helps to complete the Closing Disclosure easier, faster, and more accurately.
For more information, please speak to our team.