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Video: BECU Discusses 3-Day Waiting Period of New Mortgage Requirement

Starting October 3, 2015, consumers must receive the Closing Disclosure at least three business days before the closing to allow for adequate review time. This is in accordance with the new mortgage requirements implemented by the Consumer Financial Protection Bureau.

Watch the video below for more information on the 3-day waiting period. Also, get more details on the new mortgage requirement changes and benefits to consumers by visiting our Loans & Mortgage News page.