TRID Is The New TILA-RESPA Integrated Disclosures
•The Loan Estimate replaces the initial Truth-in-Lending disclosure & Good Faith Estimate for most closed-end mortgage loans
•The Closing Disclosure replaces the final Truth-in-Lending disclosure & HUD-1 Settlement Statement for most closed-end mortgage loans
Disclosures are required on transactions for which the creditor receives an application on or after…October 3rd, 2015.
If you are a homeowner...
If you are a home buyer or about to become one...