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Will the New Mortgage Disclosure Laws Delay Your Home Purchase?
By reinvestor on September 22, 2015
Beginning October 3, 2015, home buyers applying for a mortgage will receive new rate and fee quote forms from lenders.
These federally required consumer disclosures, which go by the name TILA-RESPA Integrated Disclosures (or TRID), will make it easier for you to understand rate and fee quotes from lenders. However, they will also slow down your home-buying process.
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