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Month: August 2017

RSK.IQ Question of the Week 8/28/17

Posted on August 28, 2017September 26, 2017 by RSK.IQ.Staff

TRID and a Decrease in the Seller Assist

Issue/Inquiry

The Bank is financing the purchase of a home. The buyer and seller have agreed to reduce the amount of the seller assist. Does the Bank have to send a revised Loan Estimate within three days of being notified of the change, or can this just be disclosed on the Closing Disclosure?

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RSK.IQ Question of the Week 8/21/17

Posted on August 21, 2017September 26, 2017 by RSK.IQ.Staff