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Course Details

TRID For Construction Loans

Webinar: ID# 1026341
Recorded CD or On-Demand
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About This Course:

Completing Loan Estimate and Closing Disclosure can be tricky but completing them for a construction loan can be a downright challenge. Construction loans are an area where the CFPB was slow to issue guidance which just added to the confusion. In July 2017, they issued a Final Rule that provided many substantive updates to TRID which ultimately cleared up a lot of questions surrounding construction loans. Compliance with these updates was mandatory October 1, 2018. Are you in compliance? Or, do you need a refresher? Let us get you on the right track!

What You'll Learn:

  • The Latest CFPB Updates & FAQs
  • Appendix D in Plain English
  • Calculating the Cash to Close Tables
  • Sample Disclosures
  • Construction Applications - One or Two Applications?
  • How to Disclose Construction Holdbacks
  • Answers to Your Questions & Much More!

Who Should Attend:

This webinar is designed for consumer real estate loan officers, loan processors, compliance and audit personnel.
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TRID For Construction Loans
or via CD or On-Demand
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