We will spend one hour answering your lending compliance questions in plain English! Do you have burning questions about TRID, Flood, Regulation B, HMDA, Fair Lending, etc.? We are here to help!
Here’s a little taste of what you can expect. In the video, Jerod answers the following question:
We are considering collecting an application fee up front with the intent to cover the appraisal. What are the regulations and rules for collecting an application fee versus an appraisal fee to pay for the appraisal? In both situations, we would have the intent to proceed.