What should I do if my Closing Disclosure differs from my Loan Estimate?

Start by asking the lender to explain exactly why the rate or fees changed. The CFPB says closing costs may differ if something important changed or was missing from the Loan Estimate, or if your income or assets turned out to be different from the figures you first provided. Some movement in closing costs is common, but federal tolerance rules limit which fees may move and how far.

If you have a rate lock, the rate and points should not change, with exceptions. A lock typically holds only if nothing material about the application changes. Examples the CFPB gives include an appraisal below the sale price or income the lender cannot verify. If a locked rate still changed, ask the lender why.

If the explanation does not resolve a material difference, you may need to decide whether to proceed, seek further clarification, obtain legal help, or explore another lender. Changing lenders can affect the purchase timeline or the purchase contract. The CFPB also says you may have rights to compensation if a lender's changes were not allowed. Filing a CFPB complaint asks the Bureau to forward the issue to the company; it is not a finding that the lender did something wrong.