Escrow & Title
The Closing Disclosure (CD) provided to a Mississippi buyer at closing contains:
AOnly the buyer's loan terms
BA detailed itemization of all loan costs, credits, and closing costs for the transaction✓ Correct
CThe seller's net proceeds statement
DMREC's approval of the transaction
Explanation
The Closing Disclosure (required under TRID) provides a detailed breakdown of all loan terms, closing costs, credits, and final figures for both buyer and seller. It must be provided to the buyer at least three business days before closing.
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