TRID Flashcards
1
Q
The lender has __ days after closing to refund any excessive variation between estimated and actual closing costs? (Between the LE and CD)
A
60 days
2
Q
A service transfer disclosure must be sent when? It must include a _____ policy statement.
A
At least 15 days before the transfer takes place.
A pre-payment policy notice. Some servicers accept partial payments (payments that are less than the monthly amount), and some don’t.
