Archive For October 6, 2015

What You Can Expect With the New Mortgage Rules

What You Can Expect With the New Mortgage Rules

The rule formally known as “TRID” (TILA-RESPA Integrated Disclosure) officially took effect this past Saturday. Spearheaded by the Consumer Finance Protection Bureau, the new guidelines for lenders are intended to help the buyer/borrower better understand their mortgage terms. Here’s what you can now expect to see: –A Loan Estimate Form will be provided to you…

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