Banker's Compliance Consulting Blog

TRID Guidelines: “Sales Price” vs. “Estimated Property Value”

Written by Jerod Moyer | Mar 14, 2022 2:51:42 PM

Be sure to JOIN US for our webinar, “TRID: How to Complete the Loan Estimate".

When it comes to completing the Loan Estimate, the TRID guidelines have a lot of detailed and sometimes confusing requirements. One such requirement is whether you should disclose the “Sale Price” or the “Estimated Property Value” for the property that will secure the loan. The answer depends on the details of the loan transaction.

Jerod explains more in the video.

 

TRID: How to Complete the Loan Estimate

TWO HOUR TRAINING

Featured Topics: 

  • How to Complete the Loan Estimate Line-by-Line
  • Changed Circumstances
  • Dates, Times & Time Zones
  • Sales Price & Estimated Property Values
  • Shopping & Shopping Lists
  • Fees & Charges - What, Where, When, Why & How?
  • Calculating Cash to Close
  • Your Questions, Plain English Answers & Much More! 

Designed for consumer real estate loan officers, loan processors, compliance, and audit personnel.

(2.5 Continuing Education credit hours)

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