The Closing Disclosure can be confusing at first glance. It is an overview of your final home loan costs - including your closing costs. This important document should be read thoroughly to ensure that you fully understand the costs associated with your new home loan. The closing disclosure includes explanations for costs, such as - closing costs, loan fees, interest rate, real estate taxes, home purchase price, and other costs regarding your loan.  

In this episode, mortgage expert Ivan Simental NMLS# 1762746 goes into detail about the Closing Disclosure, why you should take the time to read it, what it means, what's listed, and what happens after it's signed. 

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