On November 20, 2013, the final rules on the replacement of the current consumer disclosure forms for home loans required under RESPA and the Truth-In-Lending Act were released. The new, integrated Loan Estimate form and Closing Disclosure Form will go into effect August 1, 2015.
The new forms focus on improved consumer understanding, better comparison shopping, and avoiding costly closing surprises. In producing the RESPA/TILA rule, CFPB listened to the concerns of NAR and other home loans industry organizations.
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Suzi Boyle | Idaho Home Loans | FHA Home Loan | VA Home Loan | USDA Home Loan | Jumbo Home Loan
Suzi Boyle 1880 S Cobalt Point Way, Meridian, ID 83642
Idaho FHA, VA, USDA, Conventional, Jumbo and Investor Mortgage loans in Idaho.
Idaho Mortgage. Home Purchases, Refinance & More. We are the Idaho Mortgage experts.
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