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- and moderate-income consumers are partially exempt from TRID disclosures, and have specific rules. Creditors are not required to provide Loan Estimate and Closing Disclosure forms and related booklets and statements for these loans.