Blog > What Are Closing Disclosures and Why Are They Important?
The closing disclosure (CD) is a final, itemized statement of all costs involved in your real estate transaction — including loan terms, fees, and the exact amount due at closing. Buyers must receive it at least three business days before closing to review for accuracy. It ensures transparency and prevents last-minute surprises. Always compare it with your initial loan estimate, and don’t hesitate to ask your agent or lender to clarify anything unclear before signing.
GET MORE INFORMATION
