Buying or refinancing a home in California comes with a lot of disclosures. That’s normal—and required. California has strong consumer protection laws, which means lenders must explain the loan clearly and in writing at several points during the process.
How Disclosures Are Delivered
Most disclosures are sent electronically:
- You’ll receive an email link
- Documents are reviewed and e-signed online
- Paper copies are available if requested
Electronic delivery keeps the process moving.
Initial Disclosures (Within 3 Business Days)
After applying, you’ll receive:
- Loan Estimate (LE): Rate, payment, and estimated costs
- Intent to Proceed: Your authorization to move forward
- State & federal notices: Privacy, fair lending, and consumer rights
Signing does not lock you into the loan.
Appraisal & Revised Disclosures (If Needed)
If an appraisal is required, you’ll receive a copy.
If loan terms change, revised disclosures are sent electronically.
Final Disclosure: Closing Disclosure (CD)
At least 3 business days before signing, you’ll receive the Closing Disclosure showing the final loan terms and costs.
At Signing
- Documents are signed with a notary
- Refinances include a 3-Day Right to Cancel
- Purchases do not
Bottom Line
Disclosures are designed to protect California borrowers, not overwhelm them. If you receive multiple disclosures, it usually means your loan is moving forward correctly.
