TRID (TILA-RESPA Integrated Disclosures)
TRID is the federal mortgage disclosure framework that integrates Truth-in-Lending and RESPA disclosures into the Loan Estimate and Closing Disclosure and imposes timing and re-disclosure rules. CFPB describes the integrated forms and the requirement to provide the Closing Disclosure three business days before closing for most mortgages.
- Where it applies
- Federal
- When it comes up
- Origination → closing
- Property types
- Consumer mortgages (most closed-end residential)
Closing Process
- Closing (Settlement)
- Closing Disclosure (CD)
- Contract Deposit (Earnest Money) Escrow
- Escrow
- Escrow Agent
- Estoppel Certificate
- Holdback Escrow
- Loan Estimate (LE)
- Mansion Tax (Additional NYS Transfer Tax)
- Mortgage Recording Tax (NYC)
General information, not legal, tax or financial advice.