What Kinds Of Loans Do TRID Disclosures Cover?

by | Sep 8, 2017 | TRID

  TRID rules apply to MOST consumer credit transactions secured by real property. These include mortgages, refinancing, construction-only loans closed-end home-equity loans, and loans secured by vacant land or by 25 or more acres. The rule does NOT apply to Home...

What Do Lenders Have To Tell You About Your Real Estate Loan?

by | Sep 8, 2017 | TRID

  Federal “disclosure” forms define the information that creditor businesses MUST provide to consumers applying for real estate loans. As of Oct 1, 2015 lenders must provide TWO New “TRID” disclosure forms. for the most common kinds of real estate loans First,...