CFPB Issues Guidance on Construction Loan TRID Disclosures

December 18, 2019

The CFPB published two new Guides, one on disclosing construction and construction-permanent loans with a separate Loan Estimate and Closing Disclosure for each phase of the transaction and one on disclosing one, combined Loan Estimate, and one, combined Closing Disclosure for both phases of a construction-permanent transaction.

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