Construction Loan Confusion? Let Us Help!

Of all the TRID-related questions that have left you scratching your head, it’s probably safe to say that construction loans have given you the biggest headache!

We want to help! We’ve put together a construction loan packet that will guide you through the process. It includes:

1) An article that summarizes some of the key points that come into play when disclosing construction loans.  It also includes a discussion of the CFPB’s construction webinar;

2) A sample Loan Estimate and Closing Disclosure for a construction only loan; and,

3) A key to help explain some of those REALLY confusing requirements.

This information is available now on the Free Downloads Page of our website.

Want more on TRID Compliance and finding online bank training? Click here to learn more. 

Published
2016/07/06
Diane Dean

Diane Dean

Diane joined Banker’s Compliance Consulting with over 10 years of compliance experience and over 15 years of experience within the financial industry. Diane is a Certified Regulatory Compliance Manager (CRCM) and has a Bachelor’s Degree in Sociology with a concentration in Criminal Justice. She is a graduate of the Schools of Banking Compliance School and has participated in various other training opportunities throughout her career. Diane understands firsthand the struggles banks face in building and maintaining successful compliance programs. Her experience and common sense approach to consumer compliance is a great asset to our clients. Diane and her husband have two kids who keep them busy. She enjoys running and other sports and is a big Bugs Bunny fan! She’s a bit crazy in that she does enjoy reading some of these regulations and she’s a “crazy cat lady!” Her cat tales are hilarious!

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