When the sales price of personal property is excluded from the contract sales price, where is it disclosed on the Loan Estimate and Closing disclosure?
On the Loan Estimate, this amount is entered in Adjustments and Other Credits in the Calculating Cash to Close section on the Calculations page and is disclosed in the Adjustments and Other Credits row of the Calculating Cash to Close table.
On the Closing Disclosure, this amount is entered in Personal Property Amount on the Document Data page within the Collateral section and is included in the Adjustments and Other Credits row of the Calculating Cash to Close table.