Does Closing Disclosure mean clear to close?

[bossmom]

Does final signature on CD = clear to close? What can happen between signing the CD and close? Has anyone ever received a CD and not closed on their loan? 

[ShanetheMortgageMan]

Nope, it doesn't.  The initial Closing Disclosure is provided once the lender has enough information to disclose it to you, which is usually soon after the appraisal is completed.  Has nothing to do with your approval, it's just a necessary document you must recieve before you can close.  And yes, there are loans where the initial Closing Disclosure is sent out but the loan doesn't close, it's usually rare.