Good afternoon!

We are using a CD to redisclose to a customer. The change was that the loan amount increased. The borrower wants to close on Monday, and we're being told that even if they get the CD today, we have to wait FOUR days to close so we can't close until Tuesday. Can we hand-deliver the CD and still close on Monday? What about DocuSign? If we can prove we sent the CD and the customer signed it TODAY, can we close Monday?

I don't think I've ever heard the four days before (but I see it in the comment). TRID continues to surprise me.

Thank you for the help.
Monica

Is this the initial CD? Today (Thursday) is three business days before Monday. I am not sure where a four-day requirement is coming from. The only place you will find reference to four days, is if a changed circumstance happens within four days of closing, you can use a CD to document that change. That does not impact the three-business day closing rule.