Jim's Mortgage Corner | Real Estate | gjsentinel.com - The Grand Junction Daily Sentinel
Jim's Mortgage Corner | Real Estate | gjsentinel.com - The Grand Junction Daily Sentinel Jim's Mortgage Corner | Real Estate | gjsentinel.com - The Grand Junction Daily Sentinel Posted: 30 Aug 2020 03:34 PM PDT Dear Jim, We are under contract for our first home and we just signed another set of disclosures that seem to be redundant with what we signed initially. I understand we will need to view and sign final disclosures just before closing. While it is nice to have this information in advance, why all the paperwork? Thanks, Rex, Grand Junction Hi Rex, You initially signed the Loan Estimate which tells you all the details about the loan you have requested. The lender must provide this information to you within three business days after receiving your application. The Consumer Financial Protection Bureau (CFPB) launched TRID in November 2013. The TILA RESPA Integrated Disclosure rule (TRID) is also k...