Lesson 4 of 6 · 25 min read
TRID: Loan Estimate and Closing Disclosure
The "Know Before You Owe" rule: what makes an application, Loan Estimate and Closing Disclosure timing, the two kinds of business days, tolerances, changed circumstances, and cures.
In this lesson
- Which loans
- What counts as an application
- Loan Estimate timing
- Closing Disclosure timing
- Tolerances: how much fees can grow
- Record keeping