What is a closing Disclosure?
Before closing you will receive the “Initial Closing Disclosure” which is typically your last official estimate prior to closing. The “Closing Disclosure” is a time sensitive document that needs to be signed at least three business days before you close on a mortgage loan, or the closing will need to be postponed. On the disclosure, below your signature, it states: "By signing this document you are only confirming that you have received this form. You do not have to accept this loan because you have signed or received this form." This gives you 3 days to ask any question before closing. So please sign this document as soon as you receive it.
For more information on closing disclosures click on the following link from the Consumer Financial Protection Bureau (CFPB).
Please sign this document as soon as possible to keep the closing on track.
For more information feel free to call 205-266-5669 or email firstname.lastname@example.org
1st Federal Mortgage
NMLS # 740833