When completing TRID disclosures, it’s important to understand that how you handle absorbed costs and offset costs on the Loan Estimate is different than how you handle those costs on the Closing Disclosure. On the Loan Estimate, offset costs must always be disclosed while absorbed costs can technically be omitted. Lenders often assume the same is true when it comes to completing the Closing Disclosure; however, both absorbed costs and offset costs must always appear on the Closing Disclosure.
Jerod explains more in the video.
Published 2026/03/24