Buyer and Seller Closing Disclosure-Short sale

You must first complete TRID-Loan Estimate-2015 before viewing this Lesson

What are the general requirements for the Closing Disclosure? For loans that require a Loan Estimate and that proceed to closing, creditors must provide a new final disclosure reflecting the actual terms of the transaction called the Closing Disclosure. The form integrates and replaces the existing HUD-1 and the final TIL disclosure for these transactions. […]

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