TRID Policies and Forms If you’ve been researching real estate or mortgages recently, you may have come across information about TRID – and how these new TRID policies and forms will be implemented on October 3, 2015. TRID stands for the Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA), Integrated Disclosure. This...
When EveryHome agent Carla Giordano purchased her most recent home, she actually wasn’t even a Realtor yet — in fact, she was using EveryHome’s co-founder, Katie Kennedy, as her buyer’s agent! Carla enjoyed working with Katie and her team so much that she decided to get her real estate license and work for EveryHome, ...
Mortgage applications drop 3.5% this past week (including an adjustment made for Columbus Day) amidst fairly stable rates. The majority of these mortgage applications are buyers applying for a home loan, although a sizable portion of these applications are from homeowners looking to refinance. While higher rates are typically to blame for a ...
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 ...
If you’re actively searching for a great new home, you’re probably submitting an offer soon. Here are four things to consider: Communicate with your agent about any other offers on the home. This information can help you and your agent craft the best possible plan for submitting an offer and securing the home of your dreams....
