The Closing Disclosure is required for any consumer purpose loan secured by dirt. Join us for section by section, step by step instructions on how to accurately complete the Closing Disclosure. We’ll cover what you MUST, may and may not do in relation to completing the form. You can be sure all the hot topic areas will be covered in depth and in PLAIN ENGLISH! For example:
- Dates and time zones
- Sales price vs estimated value
- The TRID purpose
- Shopping (the list and loan estimate vs. Closing disclosure)
- Fee itemization and the legal obligation
- Escrow requirements
- Owner's and lender's title insurance in plain English
- Calculating cash to close
- Changed circumstances
WHO SHOULD ATTEND:
Consumer real estate loan officers, loan processors, compliance and audit personnel.