TRID Breakdown Part 1: Loan Estimate for Fixed-Purchase, Variable-Refinance & Construction

The examiners are diving deeper into your disclosures and processes to ensure you are providing accurate documents to your applicants. What issues are the examiners finding and how can you avoid similar errors at your institution? In this session we will review sample loan estimates for fixed-rate and variable-rate construction loans. In reviewing these documents we will discuss regulatory requirements, dive into the guidance, and review common errors made when completing the loan estimate.