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TRID Compliance Checklist

gumroad   Free   by whitingmtgsvcs
33d old

TRID compliance is one of the most scrutinized areas in mortgage QC and one of the easiest to get wrong when you don't have a clear reference for what to check and where to find it.This checklist covers every major TRID requirement a loan reviewer, QC analyst, processor, or compliance officer needs to verify, organized into 7 sections with 24 individual checklist items.Each item includes three components: The specific requirement and why it matters Exactly where to find the relevant documentation in the loan file Step-by-step instructions for independently verifying compliance, including business day calculations Sections covered: Loan Estimate timing and delivery requirements Closing Disclosure timing, delivery, and triggering changes Tolerance buckets: zero tolerance, 10% tolerance, and no tolerance fee variance analysis APR and finance charge accuracy Loan terms and disclosures: consistency across LE, CD, and Note Written list of service providers Special circumstances: bona fide emergency waivers, construction loans, simultaneous second liens, seller CD Built from over a decade of real secondary market QC and compliance review experience.Published by Whiting Mortgage Services, LLC — whitingmtgsvcs.com

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