Learning Objectives
- Explain the motivation for the TRID rule, when it applies, and define an application
- Apply the timelines for disclosures
- Use the two different definitions of a business day
- Explain the 3/7/3 rule
- Apply the rules for tolerances and changed circumstances
- Determine what are and are not finance charges
- State the reasons an additional 3-day waiting period is required
- Summarize the penalties for violations of the rule
Course Format
- Online Self-paced
- Fully Interactive
- All Course Material Included * Certificate of Completion provided
Who Should Attend
This training is useful for ALL mortgage professionals including loan officers and brokers.
System Requirements
- A functional computer with audio playback capability
- A fast and consistent wired or wireless Internet signal (DSL or higher – dial-up connections not recommended)
- Google Chrome or Microsoft Edge Browser
Group pricing available: Contact support@diehl1.com for details
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