Thread Starter: raitchjay
Title: Re: Refi of 1-4 family used to store bus inventory
You say refinance the property.....what was the purpose of the original loan that is now being refinanced? Is the borrower a natural person? TRID applies to closed end loans secured by real estate (any real estate) with a consumer purpose.
The loan sounds like it's exempt from TRID.....but we really need to know the answers to these questions to know for sure.
