Blog

http://fwd4.wistia.com/medias/nnl349kfad?embedType=iframe&videoFoam=true&videoWidth=640 If your loan is approved, on the terms you requested the creditor is required to provide a Loan Estimate within 3 business days. If they determine that your application...

http://fwd4.wistia.com/medias/hf1god9g2k?embedType=iframe&videoFoam=true&videoWidth=640 In addition to the required pieces: Name Income Social Security Number Property Address Estimated Property Value Mortgage Amount Sought a creditor may collect whatever...

http://fwd4.wistia.com/medias/zupqlt0rhh?embedType=iframe&videoFoam=true&videoWidth=640 Submitting these 6 pieces of information: Name Income Social Security Number Property Address Estimated Value of Property Mortgage Loan Amount sought constitutes a valid...

http://fwd4.wistia.com/medias/h499kjt9ay?embedType=iframe&videoFoam=true&videoWidth=640 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...

http://fwd4.wistia.com/medias/qb5tzp3ik6?embedType=iframe&videoFoam=true&videoWidth=640 TRID rules apply to MOST consumer credit transactions secured by real property. These include mortgages, refinancing, construction-only loans closed-end home-equity loans,...

http://fwd4.wistia.com/medias/audp2340gm?embedType=iframe&videoFoam=true&videoWidth=640 Federal “disclosure” forms define the information that creditor businesses MUST provide to consumers applying for real estate loans. As of Oct 1, 2015 lenders must provide...