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#2232452 - 03/05/20 06:34 PM Revised LE & CD or just Revised CD????
JaimeM Offline
Junior Member
Joined: Nov 2007
Posts: 41
If a customer wants a lower rate because prime just changed and we have already sent the LE and CD do we need to send a revised LE or just a revised CD? We DO NOT lock rates.

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TRID - TILA/RESPA Integrated Disclosures Rule
#2232454 - 03/05/20 06:38 PM Re: Revised LE & CD or just Revised CD???? JaimeM
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,164
Galveston, TX
A lower interest rate alone would not trigger either a revised LE or CD - it would be reflected on the next disclosure issued or the final at closing..
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