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#2257783 - 08/06/21 03:32 PM balloon loan notice requirement?
Anonymous
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On a TRID construction loan, is a separate Balloon Payment Disclosure required or does the Loan Estimate and Closing Disclosure meet the requirements of properly disclosure the fact that a balloon payment is due? Is anyone giving a separate balloon payment disclosure on a TRID loan?

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#2257790 - 08/06/21 04:55 PM Re: balloon loan notice requirement? Anonymous
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,350
Galveston, TX
Any specific balloon payment disclosure would be a State law issue.
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