TRID Guidelines: Revised Loan Estimates & Intent to Proceed

When a revised Loan Estimate is issued, it’s not uncommon for us to see errors within the rate lock section. Specifically, with respect to the date, time, and time zone relative to the intent to proceed that are included within that section.

Jerod explains how to complete this section in the video.

 

Ready to learn more? JOIN US for our webinar, “TRID: Changed Circumstances & Revised Disclosures”. Featured topics include:

  • All About Changed Circumstances
  • The “Good Faith” Standard & Expectations
  • The “Good Faith” Effect on Revised Loan Estimates
  • The “Good Faith” Effect on Revised Closing Disclosures
  • Tolerance Thresholds (0%, 10% & Unlimited) & Comparisons
  • Documentation Requirements
  • Myths & Misconceptions
  • Your Questions, Plain English Answers & Much More! 

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Jerod Moyer

Jerod Moyer

Jerod is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Bankers’ Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru. Jerod likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports-related!

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