Answers to last week's TRID quiz!
Last week we proposed a quiz to use related to the 560-page July TRID Rule update. How did you and your team do? Do you agree with all of...
Understanding Intent to Proceed
Looking for some quick answers on this topic? Let's go through my own personal cheat sheet! Here’s a short cheat sheet on intent to...
Is a verbal intent to proceed acceptable? (Answer: Sort of)
The origination process can grind to a halt until we receive the borrower's intent to proceed (aka, a Green Light). Here's something that...
Using Revised Loan Estimates: New Intent to Proceed? New 7-day Waiting Period?
These are two basic issues that you may have seen some confusion over. Frustrating, I know. But here are the "basic" (i.e., reliable)...
Can you order the appraisal before getting intent-to-proceed?
Looking for ways to speed up the mortgage process, perhaps only in special cases where you're willing to gamble on a good borrower? We...