The initial CD needs to be approved 3 days before closing (to be in compliance). Sometimes this is rushed just to make the 3 day deadline. At closing the final CD is signed and these are the numbers that the client might not have seen, and may differ a bit from the initial CD. The interest rate, loan amount & fees cannot change but other figures are finalized by title just before closing. Whether the lender is in compliance or not, is not your concern. |