What Will The TRID Loan Estimate Tell Me?

by | Jun 24, 2015 | TRID

The Loan Estimate documents the essential facts and terms of an approved real estate loan. It includes:

  • loan terms
  • projected payments and loan costs
  • cash and costs at closing time
  • the services for which you CAN and CANNOT shop in relation to the loan
  • summary information with which to compare this loan to others

and other important details such as appraisal, insurance, late payment, refinancing, loan assumption policy and whether this lender intends to service this loan.

The Loan Disclosure is a dynamic form; it will include information that IS related to YOUR loan and may leave out information that is NOT so forms from different lenders or for different loans may not look identical.

× Cookie settings

We may use third-party remarketing services to advertise across the Internet. Remarketing will simply display relevant ads tailored to you based on what parts of our website you have viewed by placing a cookie on your machine. This cookie does not give access to your computer nor does it identify you personally in any way. The cookie is used to simply say “this person visited our site, so show them ads relating to how we can better serve them.” Remarketing allows us to tailor our marketing to better suit your needs and only display ads that are relevant to you.