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!