Initial Closing Disclosure

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  • #65310
    Thomasina729
    Participant

    Then amount in my loan estimate is way higher then my Initial Closing Disclosure. What are the chances that my final Closing costs are either higher or lower then my ICD.?

    #65311
    Nelsont
    Member

    Your loan estimate is almost never correct if you are buying interest or principal down. It’s an *estimate* only and doesn’t take those things into account. Your closing disclosure does.

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