3 days before closing CD from lender is sent out?

DDA Mortgage • July 22, 2019

CDs go out from the lender not the title company. It's missing some important numbers.

Don't let the CD letter send you into a panic. Know these important things about the CD letter and how it affects you.
  • Transcript

    didier at diddy a mortgage CD three days

    before closing what's up with that

    well one a CD goes out three days before

    closing from the lender it's not from

    the title company so the numbers are

    gonna be off

    we don't take off the deposit the

    appraisal you paid for the inspection or

    you found the existing survey and you

    know the title charges were showing

    higher so all those things don't show

    that when you get that CD three days

    before closing and it's kind of a panic

    situation and believe me I understand

    but you have to note that when we tell

    you all during the process once it gets

    to the title company then everything's

    Trude up everything and your numbers are

    gonna be exactly what we talked about

    from the initial loan application the

    whole process CDs keep going out every

    time someone puts our hands on there

    everyone's touching it a CD goes out but

    unfortunately it's not really accurate

    so you have to trust us until we get to

    the end but we come to your closing I'm

    there with you and believe me you'll

    bring that or less but just remember the

    CD three days before closing make that

    phone call email text just to go over

    with your loan officer but just realize

    that those numbers are not accurate

    they're from the lender not from the

    title company

    I'm Didier Didier mortgage I'm wishing

    you a great week thank you


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