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SUMMARY:TRID Disclosures for Construction Lending
DESCRIPTION:TRID Disclosures for Construction Lending \nPresented by Monique Reyna\, TCA Compliance \nLive Streamed ~ July 8\, 2025\, 9:00 a.m. to Noon CT \n  \nWith the advent of TRID\, little guidance was given on exactly how Construction Loans were to be disclosed. Subsequent FAQs and regulator feedback have been received over the years providing clarifications to these complex disclosures. This program covers the Loan Estimate and Closing Disclosure requirements for both Construction Only and Construction/Permanent Loans and provides a detailed overview of the requirements for accurately completing Loan Estimates and Closing Disclosures when disclosing various types of construction and construction/permanent loan products. \n\nOptions available when Disclosing Construction/Permanent Loans\nUtilization of the Standard or Alternative LE/CD\nDetails regarding Disclosure requirements for Loan Term\, Purpose\, Product Type\, Sales Price/Appraised Value\nCompletion of Loan Terms Table\nCompletion of the AP Table and AIR Table\nProper disclosure of Adjustable Rate Construction/Permanent Loans\nReview and Validation of the Disclosure Data\nCommon Compliance Pitfalls on Construction Loan Disclosures
URL:https://www.tcaregs.com/event/trid-disclosures-for-construction-lending/
LOCATION:Virtual
ATTACH;FMTTYPE=image/jpeg:https://www.tcaregs.com/wp-content/uploads/illinois-bankers-compliance-school.jpg
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