What Disclosures Are Used For Loans Not Covered By TRID?

Creditors must continue to use the Good Faith Estimate, Truth-In-Lending Disclosure and the HUD-1 form for reverse mortgages, HELOCs, mobile home or other non-attached dwelling loans and others NOT covered by TRID. Housing assistance loans for low- and moderate-income...

What Kinds Of Loans Do TRID Disclosures Cover?

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 Equity...

Homeowners

Buyers Are you buying a home? You need to be certain that the seller truly owns the property and that no outstanding issues affecting title carry over to you. Why? Because if there are problems with the title it can limit the use of the property and ultimately result...