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TRID Videos

TRID Videos
July 7, 2015

When Do I Get My Loan Closing Disclosure?

If an eligible loan proceeds from Estimate to closing, creditors must provide a Closing Disclosure…
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TRID Videos
July 7, 2015

Understanding Your Loan: Additional Information Can Be Important

Page 4 of your Closing Disclosure is important. It is NOT just standardized form information…
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TRID Videos
July 7, 2015

Understanding Your Loan: Closing Disclosure Page 1

The first page of your Closing Disclosure documents: The Loan Amount - the total you…
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TRID Videos
June 24, 2015

Understanding Your Loan: Cash And Transaction Summaries

Page 3 of your Closing Disclosure will compare cash requirements from your Loan Estimate to…
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TRID Videos
June 24, 2015

Understanding Your Loan: Closing Cost Details

Page 2 of your Closing Disclosure details specific closing costs. Section A includes: Origination charges…
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TRID Videos
June 24, 2015

Your Rights And Rules For Closing Disclosures

The Closing Disclosure documents the actual terms of your loan transaction. You should receive it…
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TRID Videos
June 24, 2015

Understanding Loan Estimate Comparisons

Page 3 of your Loan Estimate includes measures to help you compare loans. “In X…
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TRID Videos
June 24, 2015

Calculating Your Cash To Close

Page 2 of the Loan Estimate provides the current ESTIMATED cash to close. Some costs…
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TRID Videos
June 24, 2015

Understanding Your Loan Estimate: Other Costs

Real estate transactions require taxes, certain pre-payments, and escrow funding. Recording fees are charged by…
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TRID Videos
June 24, 2015

Understanding Your Loan Estimate: Services You CAN Shop For

These costs are paid to outside parties and YOU are free to shop and compare…
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TRID Videos
June 24, 2015

Understanding Your Loan Estimate: Services You Cannot Shop For

These costs are paid to outside parties, not the lender, but you don’t get to…
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TRID Videos
June 24, 2015

Understanding Your Loan Estimate: Page 2, Loan Costs

Closing costs are fees paid when the title of the property is transferred to the…
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TRID Videos
June 24, 2015

Understanding Your Loan Estimate: Terms, Payments and Closing Costs

The first page of your Loan Disclosure shows the Loan Terms Projected Payments and Costs…
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TRID Videos
June 24, 2015

Can Creditors Revise TRID Loan Estimates?

Creditors are generally bound by the initial Loan Estimate. They are permitted to provide a…
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TRID Videos
June 24, 2015

What’s Refunded If My Loan Is Higher Than My Estimate?

If the amount you pay at closing exceeds the amounts disclosed on the Loan Estimate…
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TRID Videos
June 24, 2015

Could My Loan Costs Exceed The Loan Estimate?

Yes, within defined limits. Service charges for which YOU shop and select a provider may…
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TRID Videos
June 24, 2015

What Will The TRID Loan Estimate Tell Me?

The Loan Estimate documents the essential facts and terms of an approved real estate loan.…
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TRID Videos
June 24, 2015

What Is A ‘Business Day’ For Real Estate Loan Disclosures?

“Business day” is defined slightly differently for Loan Estimates and Closing Disclosures. For Loan Estimates,…
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