Currently, we have a program that provides a .25% discount rate for setting up automatic payments and a deposit relationship. We have a disclosure that is signed with the initial disclosures where the applicant indicates that the applicant will fulfill the criteria to obtain the rate discount. The LEs and CDs proceed with disclosing the discount rate and then a second disclosure and addendum to the note is signed at closing upon confirmation that all the conditions were met. If the applicant had not met the criteria for the discount by closing (which has never occurred), we planned on issuing a revised CD and waiting a new 3-day period prior to closing. Is this proper, or should we be disclosing the the non-discounted rate on the LE/CD (which I think is contrary to the regulation as the actual terms of the transaction expected by the applicant and lender would never be disclosed)?