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#2204770 - 02/01/19 05:24 PM Intenet to Proceed
Banker57 Offline
Gold Star
Joined: Jul 2010
Posts: 439
Minnesota
Simple qestion that I am probably overthinking! Regarding the Intent to Proceed - does this apply to bare land loans?

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#2204772 - 02/01/19 05:25 PM Re: Intenet to Proceed Banker57
raitchjay Offline
Power Poster
Joined: Oct 2009
Posts: 9,110
OK
If the loan is subject to TRID, yes. To be subject to TRID, it simply has to be consumer purpose, closed-end, and secured by dirt.
_________________________
I'm fixin' to fix that.

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#2204774 - 02/01/19 05:40 PM Re: Intenet to Proceed Banker57
Banker57 Offline
Gold Star
Joined: Jul 2010
Posts: 439
Minnesota
thank you!!

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