by torrenslawgroup | Sep 13, 2021 | 2021, A copy of the appraisal or valuation must be provided to you at least 3 days prior to closing., Closing Disclosures, Financing:, Florida, Florida Real Estate, Foreclosure Defense against the bank, Home Appraisal, Inc., Know Before You Close, Know your options, Mortgages:, New Homes, Newsletter, TILA, Title and Closing, Torrens Title, TRID, Truth in Lending Act, Try To Resolve the Matter Before It's Too Late, You have a right to an accurate accounting of your mortgage account
Good Evening: I hope this newsletter finds you and your family doing well. If you are buying a home and taking out a loan to do so, you are entitled to a five-page document called a closing disclosure at least three business days before your closing. The closing...
by ttdev | Jun 17, 2021 | TRID
If an eligible loan proceeds from Estimate to closing, creditors must provide a Closing Disclosure form documenting the actual transaction terms and costs THREE business days before consummation. It must be in writing, whether paper or digital, and disclose ONLY the...
by torrenslawgroup | Jun 17, 2021 | TRID
Page 4 of your Closing Disclosure is important. It is NOT just standardized form information that is identical for every loan. Review these terms: Assumption: can this loan be transferred to another person if you sell or transfer the property? Demand: can the lender...
by torrenslawgroup | Jun 17, 2021 | TRID
The first page of your Closing Disclosure documents: The Loan Amount – the total you will actually borrow The Interest Rate – which does NOT include the fees factored into the APR on Page 5 If this loan has a penalty for pre-payment or includes a balloon...
by torrenslawgroup | Jun 16, 2021 | TRID
If an eligible loan proceeds from Estimate to closing, creditors must provide a Closing Disclosure form documenting the actual transaction terms and costs THREE business days before consummation. It must be in writing, whether paper or digital, and disclose ONLY the...
by torrenslawgroup | Jun 15, 2021 | TRID
If an eligible loan proceeds from Estimate to closing, creditors must provide a Closing Disclosure form documenting the actual transaction terms and costs THREE business days before consummation. It must be in writing, whether paper or digital, and disclose ONLY the...
