Preparing the Closing Disclosure
This title is one of the many courses available in the AllRegs Education Package subscription program!
This course covers updates to some critical regulatory requirements that dictate preparation of the Closing Disclosure, including laws in effect as of 2018. The course walks the learner through each section of the form and explains in detail how to correctly enter information. It also addresses some common transactional differences for which the form requires alternate information.
What will I learn?
Upon completion of the course, students will be able to:
- State the purpose of the Closing Disclosure
- Explain the regulations and legal requirements of the Closing Disclosure
- Describe the contents of each section of the form
- Identify fields and sections in the document that can change
- Explain conditions under which the document requires alternate information
45 minutes (approximate)
How it works
Each self-paced, self-study course examines a particular topic, allowing students to hone in on a focused set of learning concepts. Each course is designed with learning objectives, comprehensive course materials, learning reinforcement activities that appeal to various learning styles, real world examples, and, where appropriate, video and/or audio recordings of industry experts.
The final exam is completed online with instant grading, and you can download your industry-recognized certificate of completion after you successfully pass the course. While course completion time varies per student, it will take approximately one hour to complete most courses.
Students have 12 months from the registration date to complete the course. Upon successful completion of the course, students can download their industry-recognized certificate of completion and transcript.
*Restrictions apply. If your staff size exceeds 250, please consider the Enterprise AllRegs Education Package.