This document is going to be your closing disclosure. Hopefully your mortgage consultant already reviewed this document with you but here is a brief overview of your final numbers. 

Things To Point Out on Page 1

Point out Loan amount

Interest Rate (fixed or adjustable)

Monthly Payment which includes or excludes taxes and homeowners’ insurance.

Here are the closing cost associated with your loan

Here is the dollar amount due from or coming back to you on disbursement date.

Things To Point Out in Page 2

Sections F shows your prepaids and taxes

Section G shows your taxes.

Page 3

Shows you all the items that will be paid off through your refinance.

(Allow the borrow to briefly review)

Page 4 has no pertinent information so you can skip this one

Page 5

Have borrower sign and date where their name appears.