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Questions on TRIED //** The only date in regard to the COMPLETE loan applications would be the date on the EBERT that the file was sent to the borrower; which must be within 3 days of the loan application.
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Who needs questions on trid?
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Questions on TRID are typically needed by individuals or entities involved in real estate transactions, such as:
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- Home buyers: They need to provide answers to TRID questions during the mortgage application process.
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- Lenders: They require the answers to assess the borrower's eligibility and determine loan terms.
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- Real estate agents: They may need to assist clients in filling out TRID questions as part of the transaction process.
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- Title companies: They may require the answers to ensure compliance and facilitate the closing process.
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- Government agencies: They may use TRID questions and responses for regulatory oversight and consumer protection purposes.
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What is questions on trid?
Questions on TRID stand for TILA-RESPA Integrated Disclosures, which are a set of forms and disclosures that lenders are required to provide to borrowers during the mortgage application process.
Who is required to file questions on trid?
Lenders are required to file questions on TRID as part of the mortgage application process.
How to fill out questions on trid?
Questions on TRID can be filled out by lenders using the specified forms provided by the Consumer Financial Protection Bureau.
What is the purpose of questions on trid?
The purpose of questions on TRID is to help borrowers understand the terms and costs associated with their mortgage loan.
What information must be reported on questions on trid?
Information such as loan terms, interest rate, closing costs, and other fees must be reported on questions on TRID.
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