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on a cash out can you sign the closing papers after a chnge to the CD

by ohui890 from , California. Jul 5th 2017 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

More info needed.. but in general, yes... the CD almost never matches 100% to the closing papers,, and in order to facilitate a timely closing, they are allowed to send out another CD after closing.. IT's called a "Post Consummation" CD, which will have all the accurate numbers which will match your loan doc's.. this is supposed to be sent within 24 hours of closing. If this weren't allowed, then between the lender and the title company, they could be going back and forth for days trying to balance. I'm a preferred Lender with Arizona and California being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Jul 5th 2017
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