TOP 10 THINGS TO KNOW ABOUT THE NEW SETTLEMENT CHANGES

Settlements for real estate property are going to change drastically on October 3, 2015. This is the new TILA-RESPA Integrated Disclosures, commonly referred to as TRID. These changes will apply to loan applications submitted on or after 10/3/2015. If you made a loan application prior to this date, it will not apply to your transaction even if your settlement…