Skip to content
BOL Conferences
Thread Options
#2131065 - 05/19/17 12:42 PM Construction Loan - TRID (Reimbursement)
Shih_Tzu_Lvr Offline
Member
Joined: Nov 2011
Posts: 86
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.

Return to Top
TRID - TILA/RESPA Integrated Disclosures Rule
#2131066 - 05/19/17 12:55 PM Re: Construction Loan - TRID (Reimbursement) Shih_Tzu_Lvr
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,227
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: PPDocs.com

Return to Top