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#2131065 - 05/19/17 08:42 AM Construction Loan - TRID (Reimbursement)
Shih_Tzu_Lvr Offline
Junior Member

Registered: 11/30/11
Posts: 40
We have a construction loan that is converting to end financing.

The borrower didn't need as many date down endorsements and inspections - therefore we are refunding them.

Is a new CD needed? We are well past the 30 / 60 days post consummation.

TRID - TILA/RESPA Integrated Disclosures Rule
#2131066 - 05/19/17 08:55 AM Re: Construction Loan - TRID (Reimbursement) [Re: Shih_Tzu_Lvr]
rlcarey Offline
10K Club

Registered: 07/16/01
Posts: 61920
Loc: Galveston, TX
No - those are subsequent events that did not impact the costs at the time the loan closed.
The opinions expressed here should not be construed to be those of my employer: