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Loan Consummation


What is TRID and how will it affect you when getting a Conventional Fannie Mae or Freddie Mac Loan?


What is TRID? TRID, which stands for TILA RESPA Integrated Disclosure, is the culmination of several years of discussions between CFPB and members of the banking and title industries.TRID consolidates the existing disclosures required under TILA and RESPA for closed-end credit […]

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Pre-Closing


Pre-Closing
Pre-Closing At this juncture your loan is approved and the financing details are finalized. Before the new TRID requirements the file would submitted to the closing department. Now, we as the Lender have the ability to send the borrower the […]

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