In the Closing Disclosure, what question must the loan originator answer regarding items in the Loan Terms table?

In the Closing Disclosure, it is essential for the loan originator to inform borrowers whether the loan terms include any potential increases in amounts after closing. This is vital information for borrowers to understand the long-term implications of their loan agreement, as it directly affects their financial planning and future budget. For instance, some loans may have interest rates or payment amounts that can adjust after closing based on certain conditions, such as adjustable-rate mortgages (ARMs). By confirming whether the amount can increase, the loan originator helps ensure that borrowers are fully aware of their obligations and any associated risks that could arise from their mortgage terms.

Other questions regarding verification, late fees, or changes from the Loan Estimate may be relevant, but they do not specifically address the potential for changes in loan amounts after the loan's closing, which is the key concern in the Loan Terms table.