1. If the home buyer is financing the property, these new regulatory and investor guideline will impact -- and could even dictate the closing date.
The earliest date to close a loan now is 7 business dats after the borrowers are issued the initial disclosures from the lender.

2. Upfront fees cannot be collected by the lender (beside the credit report fee) until the intial disclosures are received.

3.Borrowers MUST be give a copy of your appraisal a minimum of THREE BUSINESS DAYS prior to closing.

4.If you have an increase of over 0.125 APR from your original Truth In Lending Disclsoure, you must receive the new TIL disclosure THREE BUSINESS DAYS prior to closing.