Know Before You Owe Rules



  • TILA-RESPA Integrated Disclosure Rule Implementation.  These rules went into effect on October 3, 2015.Or “TRID” was designed to make the lending process more transparent for consumers, and it narrows four separate disclosure forms down to two:
    • The Loan Estimate form will replace the Truth in Lending Disclosure form and the Good Faith Estimate.
    • The Closing Disclosure form will replace the HUD-1 Settlement Statement and the final Truth in Lending Disclosure form.

    New regulations can seem overwhelming at times… but together we can master the changes and achieve the American dream!



 Call Terri (405) 250-9343