Loan: Change of Circumstance (COC) Notice
A change of circumstance (COC) refers to a change in the borrower’s requested loan terms or credit profile. This may cause an increase of the rate, loan amount or purchase price and/or the addition of lock or third-party fees which could not be determined prior to the last Loan Estimate issued by the Disclosure Desk.
Context: Identifying the document.
Notice of Change of Circumstances Reasons title.
Key takeaways: Important information.
Date of change
Reasons for the change