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Closing Disclosure (CD)
January 19, 2023
A Closing Disclosure is a five-page form that contains final information on the mortgage loan you've chosen. It comprises the loan terms, your expected monthly payments, and the fees and other costs associated with obtaining your mortgage (closing costs).
Related Topics
When Is the First Mortgage Payment Due?
What Does Foreclosure Mean?
What Is a HELOC Loan?
Loan Default
Financial Considerations (For First-Time Home Buyers)
Mortgage Loan Types
Payment and Debt Ratios
Home Value: Appraised, Estimated, Actual