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...
Federal “disclosure” forms define the information that creditor businesses MUST provide to consumers when they are applying for real estate loans. As of Oct 1, 2015, lenders must provide TWO New “TRID” disclosure forms for the most common kinds of real estate...
