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Tag Archives: TRID Disclosures

TRID – Loans NOT Covered By TRID D...

TRID – Loans NOT Covered By TRID Disclosures What Disclosures Are Used For Loans Not Covered By TRID? 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 dwelling loans and others NOT covered by TRID. Housing assistance loans for low- […]

TRID – Loans Covered By TRID Discl...

TRID – Loans Covered By TRID Disclosures What Kinds Of Loans Do TRID Disclosures Cover? 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 […]