Review at Least 24 Hours Before Closing
Federal law requires the CD be delivered 3 business days before closing. Use that time. Sit with your client (or video call) and walk through every line.
What to Verify
- Loan amount, rate, and term match commitment.
- Cash to close matches estimate.
- Credits and concessions are reflected.
- Prorations (taxes, HOA) are correct.
- Title fees match initial estimate.
Action Items
- Schedule CD review with every buyer 24+ hours pre-close.