Question

On what form would you find information regarding itemized closing costs due to other parties, such as tax assessments, recording fees and attorney's fees?

Answer 1

Answer:

Closing disclosure form

Explanation:

Closing disclosure form is a form used in mortgage application that provides a final detail about the mortgage loan being applied for. It is received at least three business days before your closing.

It is usually a five page form that contains information relating to the loan terms , projected monthly payment , interest rate , estate tax and the processing fees to arrived at the closing cost

Other costs that can be found in the closing disclosure form are recording fees, attorney's fees and tax assessment