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Mortgage Glossary

Closing Disclosure (Form)

Mike Starr·Reviewed August 2026

The Closing Disclosure is a five-page standardized form required by the Consumer Financial Protection Bureau (CFPB) that lenders must deliver to borrowers at least three business days before closing. It shows final loan terms, the exact monthly payment, itemized closing costs, and the cash needed to close. Borrowers should compare it carefully to their original Loan Estimate before signing.