---
title: "TRID: Revising the Loan Estimate"
description: TRID Loan Estimate Guidance for lenders and bankers. Get help through change circumstances. Training to guide you through the process.
---

[Banker's Compliance Consulting Blog ](https://blog.bankerscompliance.com/en)

# [TRID: Revising the Loan Estimate](https://blog.bankerscompliance.com/en/trid-revising-the-loan-estimate)

 Written by [Jerod Moyer](https://blog.bankerscompliance.com/en/author/jerod-moyer) | Feb 20, 2024 7:31:06 PM

When a valid changed circumstance occurs, it may cause the regulatory tolerances to be exceeded. Issuing a revised [LE](https://www.consumerfinance.gov/ask-cfpb/what-is-a-loan-estimate-en-1995/) allows the institution to “reset” the tolerances based on the new information. There are, however, times when a valid changed circumstance does not result in the regulatory tolerances being exceeded and, in this case, an institution has a couple of options. The first is to not do anything. The second is to provide an “information only” revised LE. These are often provided as a customer service to keep the applicant aware of any changes, but it’s important to note that these LEs are not required and do not help an institution from a tolerance perspective. Additionally, if you make a mistake on an information only LE, it can be used against you.

Jerod explains more in the video.

Published  
2024/02/20

[View full post](https://blog.bankerscompliance.com/en/trid-revising-the-loan-estimate)

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