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BankersOnline.com Forums Dodd-Frank Final Rules Discussions TRID - TILA/RESPA Integrated Disclosures Rule Alternate Form and Cash to Customer
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#2257700 - 08/04/21 10:43 PM Alternate Form and Cash to Customer
JobSecurity Offline
Platinum Poster
Joined: Oct 2009
Posts: 604
If we use the alternate LE/CD what is the correct way to show cash back to the customer? Do we put check to customer on the Payoffs and Payments sheet showing that total in "K" or just show the funds in the Cash to Close table going to the customer?

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TRID - TILA/RESPA Integrated Disclosures Rule
#2257703 - 08/04/21 11:19 PM Re: Alternate Form and Cash to Customer JobSecurity
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
You do not put loan disbursements to the customer on the CD. It would show in the cash to close table - hence the name.
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#2257713 - 08/05/21 01:08 PM Re: Alternate Form and Cash to Customer JobSecurity
JobSecurity Offline
Platinum Poster
Joined: Oct 2009
Posts: 604
thank you!

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