TRID rules apply to MOST consumer credit transactions secured by real property. These include mortgages, refinancing, construction-only loans closed-end home-equity loans, and loans secured by vacant land or by 25 or more acres.
The rule does NOT apply to Home Equity Line of Credit transactions reverse mortgages mortgages secured by a mobile home or other dwelling that is not attached to real property.
Also, TRID rules do NOT apply to loans made by a person or business that makes 5 or fewer mortgages in a calendar year.
"A seamless closing by Sarah. She had everything ready to go on time and correctly prepared. Both the buyer and seller were very pleased with the BesTitle, Spencer Office. We appreciate their hard work and professionalism."
James M. - WV
"Everyone was very friendly and helpful. Answered any questions that I had. The whole process went very smoothly and I had a check in my hand when I left."
Patricia M. - Seller - OH