Understanding the Integrated Mortgage Disclosure Rule

TRID Head Pic

 

Get more acquainted with the new Integrated Mortgage Disclosure Rule by viewing the below attached graphs.  This new Rule is a big change for the lending and settlement industry and is effective for loan applications received on or after October 3, 2015. The Loan Estimate replaces the Good Faith Estimate (GF) and Initial Truth-In-Lending Disclosure (TIL) and the Closing Disclosure replaces the HUD-1 Settlement Statement and Final Truth-In-Lending Disclosure (TIL).

Basics of the TRID Rule

New Lending Disclosure Timeline Infographic

Three Day Closing Disclosure Rule Infographic

Guide to Understanding TRID Forms

 

 

 

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