Rounding for the Loan Estimate and Closing Disclosure
The rounding rules for the Loan Estimate and the Closing Disclosure are found in 12 CFR § 1026.37(o)(4) and 12 CFR § 1026.38(t)(4), respectively. The Official Interpretation to § 1026.38(t)(4)-2 states:
“For guidance regarding the requirements of § 1026.38(t)(4) [Closing Disclosure],…