TRID: All About Construction Loans

Completing Loan Estimate and Closing Disclosure can be tricky but completing them for a construction loan can be a downright challenge.

Construction loans are an area where the CFPB was slow to issue guidance, which just added to the confusion. While a Final Rule was eventually issued that provided many substantive updates and answers concerning construction loans, we still see a lot of errors.

Are you in compliance? Do you need a refresher? Let us get you on the right track!

What You’ll Learn

  • Construction (Two-Phase) vs. Construction to Perm All-In-One Products
  • Appendix D in Plain English
  • Sample Disclosures (Three Different Sets)
  • Construction Applications – One or Two Applications?
  • How to Disclose Construction Costs/Holdbacks
  • The Latest Updates and FAQs
  • Plain English Answers to Your Questions and Much More!

Who Should Attend

This webinar is designed for consumer real estate loan officers, loan processors, compliance, and audit personnel.

Date

Nov 06 2024
Expired!

Time

10:00 am - 12:00 pm

More Info

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Labels

Webinar/Online
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