What can the borrower do if they do not want the new loan funded until after a holiday?

The borrower can communicate their preferred timing for loan funding by checking the appropriate box on the disclosure form. This form often contains options for the borrower to indicate their desired closing or funding date, which can accommodate specific timelines like avoiding a holiday. By formally stating this preference, the borrower ensures that their request is officially noted and considered during the loan process.

This approach is important for aligning the timing of the loan disbursement with the borrower's needs and circumstances, allowing for a smoother transaction process. Other options, such as requesting a lower interest rate, providing additional documentation, or changing their property address, do not directly address the timing of the loan funding in relation to a holiday.