TRID Compliance for New Lenders & Processors

How confident are you in every box you check? Walk away knowing exactly how to complete the Loan Estimate and Closing Disclosure with accuracy, confidence, and zero guesswork — even in the most complex real-world scenarios.

Completing the Loan Estimate and Closing Disclosure can be daunting. The requirements for each section of the forms are affected by the purpose of a loan (purchase, refinance, construction…), whether you allow your borrower to shop for settlement services, and whether escrow is involved — among other things. These disclosures must be issued in “good faith”, meaning we need to provide accurate information based on available facts. Issues as small as a missed checkbox or as large as a fee increase may result in a tolerance cure to the borrower. TRID rules continue to grow and evolve, and if you're new to the area, it can seem very overwhelming. Let's take some of the fear away and focus on what you can do to ensure your disclosures are accurate.

During this session we will provide "real-life" scenarios and work through the TRID process from the preparation of the Loan Estimate to the delivery of the Closing Disclosure. We will discuss regulatory requirements, dive into the guidance, and review errors and how you can avoid them.