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The worst TRID advice

By
Mortgage and Lending with Leader One Financial 164545

We're not making any bones about it, there's a lot that's going to change in just a few short days for mortgage folks like us, but The worst TRID advice we've seen so far is this: Don't worry it's not going to change that much.

Seriously. That's what they said.The Worst TRID Advice

I find that to be totally disturbing; it's like the Rebels in Star Wars thinking the Death Star was just a moon and not much to worry about, it's like everyone in Jurassic Park thinking dinosaurs would be a fun play-date, it's like someone thinking the shark in Jaws made a good cuddle buddy.

Not being educated on one of the most massive changes to the real estate and mortgage world is probably one of the biggest mistakes you can make at the moment.  I really think that people who haven't prepared for this event are listening to the worst TRID advice out there and might end up going out of business.

So here's my warning for you! Be prepared! Get to know about the changes as thoroughly and as quickly as possible!

Our friend, Josh, over at Chicago Title provided us with a great infographic to share with you showing you all the changes coming down with TRID. Check it out below and don't take the worst TRID advice out there! Educate yourself!

 

Posted by

Darren Copeland | Home Loans | Lee's Summit MODarren Copeland, Vice President LeaderOne Financial

4967-B NE Goodview Circle, Lees Summit, MO 64064

(816) 268-4025

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Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Darren - I certainly think that this is going to change the way we do business. Great infographic by the way.

Sep 30, 2015 07:12 AM
Darren Copeland

I can't take credit for the graph, my friends at Chicago Title made it, but I thought it was worth a share!

Sep 30, 2015 08:01 AM
Susan Laxson CRS
Palm Properties - La Quinta, CA
Realtor in San Diego, CA & Naples, FL

Darren, thank you for sharing the infograph - this will really help those in my office who are still confused, even after training! 

Sep 30, 2015 07:28 AM
Darren Copeland

sometimes you just need a good picture to explain it all


 

Sep 30, 2015 08:01 AM
Winston Heverly
Coldwell Banker Access Realty - South Macon, GA
GRI, ABR, SFR, CDPE, CIAS, PA

I enjoyed you post this evening, glad I came across it in the archives. Good luck toward your next sale. 

Oct 21, 2016 02:24 PM