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TRID Explained

TRID - TILA-RESPA Integrated Disclosure. Coming to a mortgage near you on October 5, 2015. For over thirty years, loan officers have been required to provide two documents anytime a borrower submitted a loan application. These documents are known as the Good Faith Estimate (GFE) and the initial Truth-in-Lending disclosure (TIL). At the time of…
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