What 6 Pieces of Information Make A TRID Loan Application?

TRID Video Library

As this short video explains - submitting these 6 pieces of information:

  • Name
  • Income
  • Social Security Number
  • Property Address
  • Estimated Value of Property
  • Mortgage Loan Amount sought

constitutes a valid loan application under the TRID rule.

You may apply and submit these in writing OR in oral form; a live conversation, or a phone call, backed by a written record of the conversation is a legitimate application.

Once these 6 pieces of information are submitted a creditor MUST supply a Loan Estimate for approved loans within 3 business days.


Brand This Video
Plus Hundreds More
For Your Content Marketing

 

Raise Your "Interesting" Rate.
Get branded explainer videos for your online marketing.